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Señor De Coylluritti De Ccorao Group
In this Group: Justina, Valentina, Valeriana, Dionicia , Victoria, Gladys Elisa, Irene, Bertha Justina
These members belong to the Communal Bank "Señor de Coylluritti de Ccorao", which is located in the city of Cusco.

Irene is a member who is 41 years old, married, and has two children. She divides her time between her daily activities and her restaurant business. Irene works every day in her business so that she can help her family move forward. She prepares various dishes such as chicken and rice, stir-fried beef, soups, and other items. Irene is a cheerful and responsible person who has tremendous drive to succeed and wants to continue working for her family. She is requesting a loan in order to buy new tables and chairs for her restaurant.

The other members engage in businesses such as selling food, selling barley, preparing spicy foods, buying and selling vegetables, managing a grocery store, and selling handicrafts. The member who appears in the corner photo requested permission to be absent for work reasons.

The members are grateful for this method of accessing credit and promise to complete their loan payments.

View original language description ↓
La socia perteneces al banco comunal SEÑOR DE COYLLURITTI DE CCORAO; este banco está situado en la ciudad de Cusco.

La socia Irene tiene 41 años, casada y tiene 2 hijos; la socia alterna sus actividades diarias con el negocio de restaurante ella trabaja en su negocio todos los días siendo de esta manera que la socia saca adelante a su familia, la socia cocina diversos platos de comida como arroz con pollo, saltado, sopas entre otros, la socia es una persona bien alegre y responsable con muchas ganas de salir adelante y continuar trabajando por su familia.

La socia solicita el préstamo para la compra de nuevas mesas y sillas para su restaurante.

Los otros socios se dedican al negocio de venta de comida, venta de productos como cebada, picantería, compra y venta de verduras, tienda de abarrotes y venta de artesanía.

La socia que se adjunta a la foto pidio permiso por motivos de trabajo.

La socia agradece este medio por el cual le facilita el crédito y se compromete a cumplir con los pagos.

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
  • 46
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
A portion of Señor De Coylluritti De Ccorao Group's $4,550 loan helped a member to buy new tables and chairs.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 20, 2012
May 18, 2012
Currency Exchange Loss:
Jun 17, 2012