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Jardines De La Luz Group
In this Group: Jacinto , Marcos , Maria Antonieta, Pedro , Marco , Rene , Norberto *, Maximiliano, Ana Paula
* not pictured

Update on Jardines De La Luz Group

These men and women are members of the JARDINES DE LA LUZ communal bank, located in the city, province, and department of Cusco.

Maria Antonieta is 44 years old, single, and has three children. She works with her cafeteria business, preparing breakfast, sandwiches, empanadas, and soft drinks. She sells from 8:00 am to 7:00 pm and helps her children get ahead through this business. Her dream is to expand and improve her cafeteria business. She is asking for this loan in order to buy ingredients such as bread, meat, chicken, and vegetables.

The other members have other businesses, such as selling livestock, farming, selling Guinea pigs, and floristry.

[Maria Antonieta] appreciates those who form part of this dream through this medium and she is committed to making her payments as agreed.
View original language description ↓
Los socios pertenecen al banco comunal “JARDINES DE LA LUZ”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Maria Antonieta ella es soltera y tiene 44 años y tiene 3 hijos; La socia trabaja con su negocio de cafetería, ella prepara desayunos, sándwich, empanadas y gaseosas, la socia vende desde las 8:00 a.m hasta las 7:00 p.m, por medio de este trabajo la socia saca adelante a sus hijos, el sueño de la socia es ampliar y mejorar el negocio de cafetería. La socia solicita el préstamo para comprar productos para cocinar como panes, carne, pollo y verduras.
Los otros socios se dedican al negocio de venta de ganado, negocio de agricultura, negocio de venta de cuyes y negocio de florería.

La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

This member belongs to the communal bank "JARDINES DE LA LUZ" which, because it is new, is a small group just starting to obtain loans and hoping to grow. It is located in the city of Cusco in the district of Poroy, inside a cemetery by the same name in the province and department of Cusco. O... More from Jardines De La Luz 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
  • 100
    View loans »
    Peru Loans Fundraising
  • $61,923,425
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Jardines De La Luz Group's $2,275 loan helped a member to buy ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 18, 2012
May 31, 2012
Currency Exchange Loss:
Oct 15, 2012