Tres Barrios De Ccoricancha Group
Update on Tres Barrios De Ccoricancha GroupThe members belong to Tres Barrios de Ccoricancha Communal Bank, located in the district of Chinchero in the province of Chinchero and department of Cusco.
The member, Isabel, 36, is married and has two children. She alternates her daily activities with her business raising small animals such as guinea pigs. She has had the business for years and it's going well for her thanks to the effort she puts into it every day. Isabel raises these little animals to sell to her customers who request them. She wants to continue working so she can support her family.
Isabel's requesting the loan to buy guinea pigs for her business.
The other members sell vegetables, have a grocery store, raise animals, and work in ranching and agriculture.
Isabel's grateful to those who are part of her dream through this loan. She promises to make her payments punctually.
La socia es la Sra. Isabel ella es casada y tiene 36 años y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio de crianza de animales menores como cuyes,la socia lleva años con su negocio el cual le va bien graciasd al empeño que le pone cada dia asu negocio,la socia cria a estos animalitos para luego venderlos a sus clientes que le solicitan,la socia desea poider segrui trabajando para de esta forma segrui apoyando a su fmailia.
La socia solicita el crédito para comprar cuyes para su negocio.
Los otros socios se dedican al negocio de venta de verduras, ganadería, tienda de abarrotes,agricultura y
crianza de animales.
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 DetailsThese are the members of communal bank "Tres barrios de Ccoricancha," located in the Chinchero district, Chinchero province, Cusco department. Mrs. Juliana, one of the members, is 50 years old, single and has two children. She raises farm animals such as sheep and guinea pigs. Once they are bi... More from Tres Barrios De Ccoricancha Group's previous loan »
More information about this loan
Important InformationAbout 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.
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Success!! The loan was 100% repaid