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Happy Ayllu Group
In this Group: Alejandrina, Julia Consuelo, Rosa Hilda, Bertha, Marcia Eiko, Mario Kenji, Julio Mario, Rocio Ofelia*, Evelin Yurico, Carlos Nicoll*, Orlando, Carmen, Angel
* not pictured
A group of neighbors and friends formed the “Happy Ayllu” communal bank in the district of Cusco. This communal bank has 13 members who seek at every moment opportunities to get ahead and with their daily efforts provide a better future for their children. The economic activities they carry out are varied. We have, for example, vitamin sales, natural products sales; some provide services like beauty salon and travel agency.

(Alejandrina is raising her hand in the photo). She was born in the city of Cusco and still lives in the city of her birth. She’s 50 years old, married and has three children. Her main economic activity is selling bathroom items, bedroom items, cleaning supplies, kitchen items and others. She’s been in this business for 8 years now and she does very well. On this occasion, Alejandrina needs the loan to buy merchandise like brushes, towels, robes and other things. She will buy the merchandise in the cities of Lima, Desaguadero, La Paz and Tacna. Alejadrina’s dream is to see her children become professionals and to have a chain of stores.

The members in general are grateful for the opportunity provided and commit to make their various installment payments according to the established schedule.

Cusco is located in Cusco District and Province belonging to Cusco Department in the very heart of the ancient city of the Incas. It’s noted for being a tourist zone because of its archaeological sites, its historic city center, its scenery and for its history; it’s an enchanting city in the southern region of the country. Cusco is known for being a very touristy, commercial zone and for its traditional “Inti Raymi” festival and because one of the Seven Wonders of the World, Machupicchu, is located there.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Happy Ayllu” en el distrito del Cusco. Este banco comunal está conformado por trece personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Las actividades económicas de los socios son por ejemplo; venta de vitaminas, venta de productos naturales y otros brindan servicios como por ejemplo brindan servicios de salón de belleza y agencia de viajes.

(La señora Alejandrina está levantando la mano en la fotografía). La socia Alejandrina nació en la ciudad de Cusco y vive en la misma ciudad donde nació, tiene 50 años de edad, es casada y tiene tres hijos. Su actividad económica principal de la Alejandrina es la venta de artículos de baños, artículos de dormitorios, artículos de limpieza, artículos de cocina y otras cosas. Ya son 8 años que se dedica a este negocio y le va muy bien. En esta oportunidad Alejandrina requiere el préstamo para comprar mercadería como por ejemplo, cepillos, toallas, batas y otras cosas más, ella compra mercadería de las ciudades de Lima, Desaguadero, La Paz y Tacna. Su sueño de la señora Alejandrina es sacar profesionales a sus hijos y tener una cadena de tiendes de venta.

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

Cusco está ubicado en el distrito y provincia del Cusco del departamento del Cusco en pleno corazón de la antigua ciudad de los Incas y se caracteriza por ser una zona turística por sus centros arqueológicos por su centro histórico por sus paisajes por su historia y siendo una ciudad encantadora de la Región del Sur del país. Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 92
    View loans »
    Peru Loans Fundraising
  • $61,889,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Happy Ayllu Group's $5,450 loan helped a member to buy general merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 24, 2012
May 11, 2012
Currency Exchange Loss:
Sep 15, 2012