Moyopata-San Sebastian Group
The member is Cosme. She lives with her partner, is 41 years old and has five children. She works at her business selling artifacts and clothing. She has a store where she sells second-hand artifacts and clothing. She works from 9AM until 6PM and through this business, she gets her children ahead. She wants to expand her business selling second-hand clothing and artifacts. She is requesting the loan to buy clothing and artifacts.
The other members are dedicated to selling food, vegetables, a grocery store and selling clothing.
The member is thankful to those who are a part of this dream in this way and promises to make the repayments at the established deadlines.
La socia es la Sra. Cosme; ella es conviviente y tiene 41 años y tiene 5 hijos; La socia trabaja con su negocio de venta de artefactos y ropa, ella tiene una tienda donde vende artefactos y ropa de segunda mano, la socia trabaja desde las 9:00 a.m hasta las 6:00 p.m y por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar el negocio de venta de ropa y artefactos de segunda mano. La socia solicita el préstamo para comprar ropa y artefactos.
Los otros socios se dedican la venta de comida, venta de verduras, tienda de abarrotes y venta de ropa.
La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid