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Señor De Huanca De Cusco Group
In this Group: Andrea, Damiana, Margarita, Yanet, Valentina, Judith, Edidt, Werner *, Sirwin , Celso, Martin Augusto*
* not pictured

Update on Señor De Huanca De Cusco Group

The associate, Damiana, is a member of the “Señor de Huanca de Cusco” communal bank; this bank is located in the district of Wanchaq in the province of Cusco, in the department of Cusco.

Damiana, 61, is married with 1 son. She alternates her daily activities with her business buying and selling blankets. She has had this business for years and it’s going well thanks to her daily determination. She has a locale in the centre of the city where she sells all of her merchandise. She is a charismatic and determined person, and being this way has helped her get her family ahead.

The associate is requesting a loan to buy wholesale blankets.

The other associates have businesses, such as wood sales, cafeteria, fodder sales, furniture sales, carpentry and meat sales.

(The three associates in the smaller photo had permission to arrive later.)

Damiana is thankful for having access to this loan facilitator and promises to meet her payments.
View original language description ↓
La socia pertenece al banco comunal SEÑOR DE HUANCA DE CUSCO; este banco está situado en el distrito de Wanchaq en la provincia de Cusco departamento de Cusco.

La socia Damiana tiene 61 años es casada y tiene 1 hijo; la socia alterna sus actividades diarias con el negocio de compra y venta de frasadas, la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia tiene un puesto donde vende toda su mercadería por el centro de la ciudad, la socia es una persona empeñosa y carismática, siendo de esta manera que la socia saca adelante a su familia.

La socia solicita el préstamo para comprar al por mayor frazadas.

Los otros socios se dedican a la venta de madera, cafetería, venta de pasto, venta de muebles, carpinteria, venta de carne.

Los tres socios que salen en la foto adjunta son socios que pidieron permiso para llegar un poco tarde.

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

Previous Loan Details

The “Señor D. H. D. Cusco” communal bank has already been working for four and a half years. It is maD. up of ten women and one man. The members are hard-working and enterprising people who are constantly looking for opportunities to succeed, and to offer their children a better future through th... More from Señor De Huanca De Cusco 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
  • 49
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Huanca De Cusco Group's $2,700 loan helped a member buy wholesale blankets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 6, 2012
Jun 12, 2012
Currency Exchange Loss:
Nov 15, 2012