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Virgen Natividad De Chuso Group
In this Group: Vilma, Pedro, Wenceslao, Amilcar, Laureano, Dominga, Elena, Silveriana, Leonarda, Ruth Mery, Lorenza
The Virgen Natividad de Chuso communal bank is part of Asociación Arariwa and is made up of seven women and four men. The meetings of the communal bank are every month and all the members have to be present at the scheduled meetings; if not, they pay a fine. The majority of the members are neighbors and good friends, and live in the community of Chuso in the district of Chichero in the province of Urubamba in the department of Cusco.

Our members are very hardworking and very clever. They work primarily in livestock and agriculture. They have vast plots of land and sell what their lands produce, depending on the planting and harvest dates. When they are not on their land they work in trade, buying and storing supplies for future sale. The members are requesting the loan to continue reinvesting in their different jobs. Our members are grateful for and value the loan granted because in the community of Chuso they have only this financial support.

The member Vilma, 33, was born in the district of Chinchero and lives in the community of Chuso. She does not live with her partner, but is father and mother to four children. She is a hardworking and enterprising woman who gets her children ahead because she works in agriculture and livestock. She also works raising small animals such as guinea pigs and chickens.

Currently Vilma needs the loan to buy more small animals such as guinea pigs.
View original language description ↓
El banco comunal “Virgen Natividad De Chuso” es un banco comunal que pertenece a la Asociación Arariwa y está conformado por 7 mujeres y 4 varones. Las reuniones del banco comunal son cada treinta días y todas las socias tienen que estar presentes en las reuniones programadas sino pagan una multa. La mayoría de los socios son vecinos y tienen una buena amistad y viven en la comunidad de Chuso del distrito de Chichero de la provincia de Urubamba del departamento del Cusco. Nuestros socios son gente muy trabajadora y muy ingeniosa, ellos se dedican principalmente a la ganadería y agricultura, ellos cuentan con bastos terrenos y venden lo que sus tierras producen, según las fechas de siembra y cosecha, ellos cuando no están en sus tierras se dedican al comercio, comprando y almacenando víveres para su futura venta. Los socios solicitan el préstamo para así seguir reinvirtiendo en sus diferentes actividades. Nuestros socios agradecen y valoran el préstamo otorgado ya que en la comunidad de Chuso ellos solo tienen este apoyo financiero.

La socia Vilma tiene 33 años edad y nació en el distrito de Chinchero y vive en la comunidad de Chuso, ella no vive con su pareja pero es padre y madre para cuatro hijos, ella es una mujer trabajadora y emprendedora que saca adelante a sus hijos pues se dedica a la agricultura y ganadería, ella también se dedica a la crianza de animales menores como por ejemplo cuyes y gallinas. En esta oportunidad la socia Vilma requiere el préstamo para comprar más animales menores como por ejemplo cuyes.

Additional Information

Important Information

About 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.

About Peru

  • $12,000
    Average annual income
  • 76
    View loans »
    Peru Loans Fundraising
  • $61,829,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Natividad De Chuso Group's $1,725 loan helped a member to buy more small animals such as guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 9, 2012
Feb 27, 2012
Currency Exchange Loss:
Sep 15, 2012