Check out some available loans that are similar to this one!
Solidaridad 2011 Group
In this Group: Emilia, Olinda , Lucinda, Amparo, Teresa*, Karin Erick*, Nelida, Frida, Gretty, Maryori, Agripina, Vilma
* not pictured

Update on Solidaridad 2011 Group

Emilia is a 42-year-old member who is married and has three children. She is originally from the Province and Department of Cusco. Emilia is an enterprising and responsible mother who strives to move her family forward. She sells memory chips (SIM cards) for mobile phones, but she also makes pre-sales of products for a private company. Emilia has been working for several years at her job and is doing very well. She is taking this opportunity to request a loan to buy more memory chips.

The Communal Bank “Solidaridad 2011” (Solidarity 2011) is a group in the Province and Department of Cusco that consists of friends and neighbors. These members view each moment as an opportunity to get ahead, so they strive each day to provide a better future for their children. In general, the members are grateful for the opportunity that has been given and promise to complete their payments according to the established terms.

Cusco is located in the District and Province of Cusco in the Department of Cusco. The heart of this ancient city of the Incas is where many archaeological sites are located. The historical center and the landscapes help make Cusco the most enchanting city in the southern region of Peru. Cusco is known for being a tourist and commercial area. It is also known for the traditional festival of Inti Raymi and for being the home of one of the Seven Wonders of the World, Machu Picchu.

View original language description ↓
La socia Emilia tiene 42 años de edad y es casada y fruto de esta hermosa relación tiene tres hijos, ella es natural de la provincia del Cusco del departamento del Cusco. La socia Emilia es una madre emprendedora y responsable que saca adelante a su familia, ella se dedica a la venta de chip para celulares móviles y además que hace pre venta de productos de una empresa privada. Desde hace varios años que se dedica a este trabajo y le va muy bien. En esta oportunidad Emilia requiere el préstamo para comprar más chip.

Este grupo está conformado por vecinos y amigos que formaron el banco comunal “Solidaridad 2011” en la provincia del Cusco del departamento del Cusco. Este banco comunal está conformado por personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. 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 por ser una ciudad encantadora de la Región del Sur del país. Cusco es conocido también por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

Previous Loan Details

The members belong to the “Solidaridad 2011” communal bank located in Cusco District belonging to Cusco Province and Cusco Department. Nélida, 25, has a spouse and two children. She alternates her daily chores with a furniture making business with her husband; they make various styles of ea... More from Solidaridad 2011 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
  • $61,857,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidaridad 2011 Group's $3,150 loan helped a member to buy mobile phone chips (SIM cards).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Sep 12, 2012
Currency Exchange Loss:
Jan 15, 2013