Check out some available loans that are similar to this one!
Señor De Los Milagros Group
In this Group: Hilda , Carmen Rosa, Rony*, Lucia , Jacqueline, Ruth, Carlos Milton*, Elizabeth, Wilingthon, Gladys, Yovana , Rosa
* not pictured
The members belong to the "SENOR DE LOS MILAGROS" communal bank, which is in Cusco district, in the province and department of the same name. The member concerned is Lucia, who is 33 and the mother of 2 children. Alongside her daily tasks, she runs a business selling beauty products such as creams, eau de cologne and perfume amongst other things. She has been involved in this business for some time now and it is going well as a result of the effort which she puts into her business each day. She works independently, selling her products to her customers who request them - friends, relatives and others. Lucia is a responsible person, which enables her to provide for her family. She is applying for the loan to buy merchandise such as women's eau de cologne. The other members of the group work in handicraft sales, fish distribution, crafts, running a taxi service, clothing sales or are employed in private companies. Lucia is grateful to those whose involvement is helping her achieve her dream and guarantees that she will make her repayments within the agreed period.
View original language description ↓
Los socios pertenecen al banco comunal “SEÑOR DE LOS MILAGROS”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Lucia es soltera ,tiene 2 hijos y tiene 33 años de edad; La socia alterna sus actividades diarias con el negocio de venta de productos de belleza como cremas,colonias,pefumes,entre otros,la socia lleva buen tiempo dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia trabaja de forma independiente vendiendo sus productos a sus clientes que le solicitan como amistades, familiares entre otros, la socia es una persona responsable siendo de esta forma que la socia saca adelante a su familia.
La socia solicito el crédito para la compra de mercadería como colonias para damas.
Los demás socios se dedican al negocio de venta de artesanía, distribución de pescados, manualidades, brindado el servicio de taxi, venta de ropa y trabajadores de empresas privadas.
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
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Los Milagros Group's $4,825 loan helped a member to buy merchandise such as women's eau de cologne.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 12, 2013
Nov 26, 2013
Currency Exchange Loss:
Dec 18, 2014