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Grupo Los Saqras Group
In this Group: Luz Marina, Yosi Melani, Ricardo, Izkra, Anival*, Nayda, Julia, Sinoa, Karina
* not pictured
This group of neighbors and friends has formed a communal bank "The Sagras Group" in the city of Cusco. Yosi Melani was born in Cusco and is 23 years old. Yosi Melani's occupation is selling and making of textile fabrics.

She is a charismatic and friendly person who gets ahead and this time needs a loan to buy fabric and yarn.

The community bank is formed by several people seeking opportunities all the time to get ahead and with their daily efforts to bring about a better future for their children. The partners occupations are renting cars, selling soft drinks and selling cosmetics.

The partners all appreciate the opportunity offered and have promised to make the payment of their portions according to the deadlines established.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “GRUPO LOS SAQRAS” en la ciudad del Cusco.
Yosi Melani nació en la ciudad del Cusco y tiene 23 años de edad. Su actividad económica de Yosi Melani es la venta de telas y elaboración de textiles, ella es una persona carismática y amable que sale adelante y en esta oportunidad requiere el préstamo para comprar telas y lana.

Este banco comunal está conformado por varias personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Los socios se dedican al alquiler de carros, venta de refrescos y venta de cosméticos. Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

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
  • 103
    View loans »
    Peru Loans Fundraising
  • $61,923,425
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Los Saqras Group's $5,375 loan helped a member to buy fabrics and wool.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 21, 2014
Mar 30, 2014
Currency Exchange Loss:
Aug 17, 2014