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Juntas Y Unidas Group
In this Group: Maritza , Luisa , Maruja , Marleni Vanessa, Justina , Marilu , Karin Pilar , Luz Marina, Primitivo

Update on Juntas Y Unidas Group

A group of friends and neighbors formed the "Juntas y Unidas" communal bank in Cusco district, in the province of Cusco. The communal bank has operated for several years now and is well organized.

This communal bank is made up of people who continually seek opportunities to succeed, and through their daily effort to provide a better future for their children.

The livelihoods of the members include: selling construction materials, selling cosmetics and selling food. Others provide tourism services.

Maruja is raising her hand in the photo. Maruja lives in the beautiful city of Cusco, where she carries on various types of work. Maruja's main business is making photocopies, and for this she has a small shop and several photocopiers. She has been working in this business for several years now, and it is going very well. On this occasion she needs a loan to buy paper.

All of the members are grateful for the opportunity provided, and promise to make their various installment payments as scheduled.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Juntas y Unidas” en el distrito del Cusco de la provincia de Cusco. Ya son varios años que funciona el banco comunal y está bien organizado. 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. Las actividades económicas de los socios son por ejemplo; venta de materiales de construcción, venta de cosméticos, venta de comida y otros brindan servicios de turismo. (La señora Maruja está levantando la mano en la fotografía). Maruja vive en la hermosa ciudad del Cusco donde realiza diferentes tipos de actividades. Su actividad económica principal de Maruja es la hacer fotocopias para esto tiene un pequeño local y varias fotocopiadoras. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Maruja requiere el préstamo para comprar papel.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Previous Loan Details

Sra. Luisa belongs to the “JUNTAS Y UNIDAS” Communal Bank. The bank is located in Huanchac district, belonging to Cusco Province and Cusco Department. Luisa is 44 years old and married with 3 children. She divides her time between her business buying and selling books and also selling cosmetic... More from Juntas Y Unidas 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
  • 47
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Juntas Y Unidas Group's $3,550 loan helped a member to buy paper.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 26, 2012
Nov 5, 2012
Currency Exchange Loss:
Mar 15, 2013