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Salud Group
In this Group: Nancy Nicanora*, Rocio Luisa, Nacianzena, Maria Elena , Adela , Agripino , Catalina , Modesto , Hermila, Fernando *, Guillermina Isabel *, Gabriela , Jose Domingo , Monica, Olga, Sonia, Sonia
* not pictured

Update on Salud Group

The village bank "Salud" ("Health" in English) is comprised of 17 enterprising members from Cusco, which is located in the Southern Andean mountains of Peru. Since their last loan, three members have left the village bank and three new members have joined.

One member is Catalina, who is in her 50s. About one year ago, Catalina opened a store selling natural health products, such as capsules made from plants and roots. Her loan will help Catalina purchase more products from a wholesaler in Cusco. Catalina used to sell salchipapas (a Peruvian dish made of fried potatoes and sausages) in the evenings but she no longer has time for that business now that she is focusing all her energy on her new venture. Catalina's store is currently located inside a block away from the street. She hopes that in the future she will be able to open another location in a storefront facing the street.

The other members of the village bank are teachers, public sector workers, secretaries, and vendors of stuffed animals, among other activities.

Previous Loan Details

These individuals belong to the communal bank "Salud." This bank is located in the city of Cusco in the Huanchac district, which is part of the province and department of Cusco. One member is Catalina, 53, who is divorced and works selling Salchipapas on the corner in front of her house. Thi... More from Salud Group's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 78
    View loans »
    Peru Loans Fundraising
  • $61,860,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Salud Group's $5,800 loan helped a member to purchase natural health products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 26, 2012
May 3, 2012
Currency Exchange Loss:
Sep 15, 2012