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Las Flores De Yanaconas Group
In this Group: Glendy Brislid*, Luz Marina, Aidee, Yaneth Dora, Cristina, Rosa Maria, Nicolasa, Ana Maria, Martha Elena, Juliana, Edelmira, Evarista*, Ricardo*, Hayde, Vicentina
* not pictured

Update on Las Flores De Yanaconas Group

The group member Vicentina is 45 years old, married, and the fruit of this beautiful relationship is her three children. She is a native of the province of Urubamba in the department of Cusco. Vicentina is a responsible and enterprising mother who moves her family forward. She works selling staple goods such as, for example, sugar, rice, oil, beverages, and grains. She has a small grocery store in the community of Yanacona in the district of Urubamba. At this opportunity, she is requesting a loan to purchase wholesale merchandise such as sacks of rice, sacks of sugar, cartons of milk, boxes of noodles and other things she is missing from her business. It has already been several years that she has worked in this business and it is going very well. (Vicentina is the one raising her hand in the photograph.)

This group is made up of neighbors and friends who formed the communal bank “Las Flores de Yanaconas” in the province of Urubamba in the department of Cusco. This communal bank is made up of people who each moment are looking for opportunities to get ahead and who strive daily to deliver a better future to their children. The group members in general are grateful for the opportunity offered and promise to complete their different payments in the established timetables.

Cusco is located in the full heart of the ancient city of the Incas and is characterized as being a tourist zone, for its archeological sites, its historical center, its landscapes, its history, and for being and enchanting city in the southern region of the country. Cusco is also know for its traditional fiesta celebration of Inti Raymi and because it is near one of the seven wonders of the world: “Machupicchu”.
View original language description ↓
La socia Vicentina tiene 45 años de edad y es casada y fruto de esta hermosa relación tiene tres hijos, ella es natural de la provincia de Urubamba del departamento del Cusco. La socia Vicentina es una madre emprendedora y responsable que saca adelante a su familia, ella se dedica a la venta de productos de primera necesidad como por ejemplo azúcar, arroz, aceite, refrescos y granos sacos, ella tiene una pequeña tienda de abarrotes en la comunidad de Yanacona del distrito de Urubamba, ella en esta oportunidad requiere el préstamo para comprar mercadería al por mayor como por ejemplo sacos de arroz, sacos de azúcar, cajas de leche, cajas de fideos y otras cosas que le faltan en su negocio. Ya son varios años que se dedica a este negocio y le va muy bien. (La socia Vicentina está levantando la mano en la fotografía).

Este grupo está conformado por vecinos y amigos que formaron el banco comunal “Las Flores de Yanaconas” en la provincia del Urubamba 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

Eleven enterprising women in the rural community of Urubamba comprise the village bank “Las Flores de Yanaconas.” Urubamba is located in the Sacred Valley high up in the Andean mountains of Cusco, just a few hours from the ancient ruins of Macchu Picchu. Most of the village bank members are engag... More from Las Flores De Yanaconas 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
  • 112
    View loans »
    Peru Loans Fundraising
  • $61,996,325
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Flores De Yanaconas Group's $4,725 loan helped a member to purchase wholesale merchandise such as for example, sacks of rice, sacks of sugar, cartons of milk, boxes of noodles and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 12, 2012
Currency Exchange Loss:
Mar 15, 2013