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Señor Pan De Azucar De Sacllo Group
In this Group: Basilia, Dolores, Paulina Macaria, Rufina, Cirila, Vilma, Carmen, Angelica, Patricia, Benita, Teresa, Jesus*, Florentina
* not pictured
The community of Sacllo is in the district and province of Calca in the department of Cusco in the centre of the Valle Sagrado (Sacred Valley) of the Inkas. Sacllo is known as a farming region, livestock and agriculture. Years ago, a group of female friends formed the Communal Bank, “Señor de Pan de Azúcar de Sacllo” (God of Bread and Sugar of Sacllo) and now find themselves in their 16th loan cycle. This group is formed by 12 women and 1 man – all are hard-working entrepreneurs who search for opportunities to get ahead and with their everyday efforts, hope to offer their children a better future. All of the members live in Sacllo. The businesses of the members include vegetable sales, food sales, fruit sales, chicha (alcoholic drink made from fermented maize) sales, milk sales, candy sales and small animal sales, and one member offers teaching services.

Basilia, a member of the Communal Bank, is single and has 3 kids. Basilia tells us with much pride that that she is getting ahead with her children, without the help of her partner. Basilia sells vegetables, breeds small animals and sells chicha (alcoholic drink made from fermented maize) made from jora (specially-prepared maize). Basilia is requesting the loan to buy more small animals and seeds.

The members are grateful for the opportunity they have been given and promise to meet their payments on schedule.
View original language description ↓
Sacllo está ubicado en el distrito y provincia de Calca del departamento del Cusco en pleno corazón del valle sagrado de los antiguos Inkas, Sacllo se caracteriza por tener zonas agrícolas y ganaderas, Un grupo de vecinas y amigas formaron hace varios años el banco comunal “Señor de Pan de Azúcar de Sacllo”, actualmente se encuentra en el XVI ciclo, el banco comunal está conformado por doce mujeres y un varón que son trabajadores y emprendedores que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos, es un banco comunal conformado por socios que viven en las comunidad de Sacllo. Las actividades económicas de los socias a las que se dedican son por ejemplo a la venta de verduras, venta de comestibles, venta de frutas, venta de chicha, venta de leche, venta de golosinas y venta de animales menores y un socio brinda servicio de docencia.

Basilia forma parte del banco comunal, es madre soltera y tiene tres hijos. Basilia nos cuenta con mucho orgullo que está sacando adelante a sus hijos sin ayuda de su pareja. Su actividad económica de Basilia es la venta de verduras, crianza de animales menores y venta de chicha de jora. En esta oportunidad Basilia requiere el préstamo para comprar más animales menores y semillas.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

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
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor Pan De Azucar De Sacllo Group's $4,250 loan helped a member buy more small animals and seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Mar 30, 2012
Currency Exchange Loss:
Oct 15, 2012