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Las Mercedes De Katañiray Group
In this Group: Habran , Yesica , Cesar Augusto, Juan Hernan , Richard Ernesto, Marleni*, Sergio Rene, Zonia, Ortencia , Willy, Erik Geronimo , Elizabeth , Donato*
* not pictured
The members are part of the communal bank “LAS MERCEDES DE KATAÑIRAY”. This bank is located in the district of Cusco, in the Cusco province, which is in the Cusco region.

The member is Ortencia. She is 52 years old and has a partner. She has one child. She divides her time between her daily activities and her grocery store. She sells different types of products, including rice, sugar, sweets, soft drinks, etc. She has been running this business for many years and it is going well thanks to the hard work she puts in every day. She works in her business Monday to Sunday, from 06:00am to 09:00pm approximately, although her schedule can change depending on what is going on during the day. She also sells beauty products, such as creams, perfumes, colognes, etc. She does this work on an independent basis, selling to friends, family and customers. In this way she can make a better life for her family. She is a responsible and hardworking person who wants her family to do well.

This member is requesting a loan to buy stock, such as rice and milk, for her business.

The other members work in the restaurant business, rearing small animals, taxi service, mechanic services, silverwork, rearing livestock and pharmacy business.

The people in the smaller photo are members who asked permission to arrive late at the meeting because of work commitments.

Ortencia is grateful to those who are sharing her dream in this way. She is committed to making the payments according to the schedule.
View original language description ↓
Los socios pertenecen al banco comunal “LAS MERCEDES DE KATAÑIRAY”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Ortencia ella es conviviente y tiene 52 años y tiene 1 hijo; La socia alterna sus actividades diarias con el negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz,azucar,leche,golosinas,gaseosas entre otros, 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 trabaja en su negocio de lunes a domingo desde las 06:00am hasta las 09:00pm aproximadamente aunque este horario puede variar de acuerdo a las actividades que pueda tener en el dia,a la vez la socia se dedica a la venta de productos de belleza como cremas, perfumes, colonias entre otros, la socia trabaja de forma independiente vendiendo a sus amistades, familiares y clientes, siendo de esta forma que la socia saca adelante a su familia, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el crédito para la compra de mercadería como arroz y leche para su negocio.

Los otros socios se dedican al negocio de restaurante, crianza de animales menores, taxi, mecánica, platería,ganaderia,botica.

Las personas que salen en la foto adjunta son socias que pidieron permiso para llegar tarde a la reunión por motivos de trabajo.

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.

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).

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
  • 36
    View loans »
    Peru Loans Fundraising
  • $64,459,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
A portion of Las Mercedes De Katañiray Group's $6,350 loan helped a member to buy stock, such as rice and milk, for her business.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 12, 2012
Nov 13, 2012
Currency Exchange Loss:
Dec 13, 2012