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Fuerza 2008 Group
In this Group: Ruth Maribel, Rosa, Franklin , Gisel Rossana, Ggina Denisse , Felicitas, Clorinda, Maria Belen*
* not pictured

Update on Fuerza 2008 Group

These members belong to the communal bank "Fuerza 2008", which is located in the district of Cusco, in the province and department of Cusco.

Ruth Maribel is one of the members. She is single, 28 years old, and has one child. She has a hardware business, where she sells nails, paint, and tools. She works from 9:00am until 6:00pm. She has had the business for eight years and it is going very well. In her free time, she likes to take her child to the park to play. Her dream is to expand her hardware business. She is requesting the loan so she can buy merchandise for her hardware store, such as nails, paint, and tools.

The other members make a living from a café business, a food-selling business, an Internet business, and a candy-selling business.

Ruth Maribel is grateful to those who are part of her dream through this site, and she is committed to making her loan repayments within the set period.
View original language description ↓
Los socios pertenecen al banco comunal “FUERZA 2008”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Ruth Maribel ella es soltera y tiene 28 años y tiene 1 hijo; La socia trabaja en su negocio de ferretería, la socia vende clavos, pinturas y herramientas, la socia trabaja desde las 9:00 a.m hasta las 6:00 p.m, la socia ya tiene 8 años y le va muy bien, en sus tiempos libres a la socia le gusta llevar al parque a jugar a su hijo, el sueño de la socia es ampliar el negocio de ferretería. La socia solicita el préstamo para comprar mercadería como clavos, pinturas y herramientas para su ferretería.
Los otros socios se dedican al negocio de cafetín, negocio de venta de comida, negocio de internet y negocio de venta de golosinas.

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.

Previous Loan Details

These members belong to the communal bank "FUERZA 2008", which is located in the district, province and department of Cusco. Mrs. Felicitas, one of the members, is 43, has three children and runs a hardware business selling paints, nails, hammers and other construction materials. She works fr... More from Fuerza 2008 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
  • 71
    View loans »
    Peru Loans Fundraising
  • $61,828,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fuerza 2008 Group's $3,650 loan helped a member to buy merchandise for her hardware store, such as nails, paint, and tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 18, 2012
Nov 17, 2012
Currency Exchange Loss:
Mar 15, 2013