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Kukuli Group
In this Group: Ruth, Emilia Elizabeth*, Hermenegilda, Rita, Maria Virginia, Angela Maria, Valerka, Ruth Mery, Cristina, Marco Antonio, Hilda Bertha, Agustin*
* not pictured
The communal bank Kukuli, from UMF Asociación Arariwa, was founded by a group of friends and neighbors. This communal bank has been in operation for 24 cycles (each cycle is four months) and is well administrated by its governing board.

Rita was born in the city of Cusco. She is 38 years old and married, and has four children from her marriage. Rita lives with her children in her own home, which is connected to all the basic utilities (water, electricity, and sewer) in the city and department of Cusco. This area is known for its trade business and tourism. Rita is a homemaker, but she alternates housework with craftmaking. She and her husband have a painting studio at home. They have been in this business for fifteen years already and it is going very well for them thanks to the dedication they put into their work.

Rita is requesting a loan from Asociación Arariwa to buy materials, such as gold leaf frames, plain wood frames, canvas stretchers, and oil paint. She will cover the loan payments with the income obtained from selling her products. Rita is very well known for being a hardworking and responsible woman and a good mother who wants to give her children a better future and improve her family's quality of life. Rita's dream is to open a store in downtown Cusco.

(The individuals shown in the bottom of the photo arrived after the meeting).
View original language description ↓
Un grupo de amigos y vecinos formaron el banco comunal “Kukuli” de la UMF Asociación Arariwa. El banco comunal tiene 24 ciclos de funcionamiento (Cada ciclo son 4 meses) y el banco comunal está bien administrado por la junta directiva.

Rita nació en la ciudad de Cusco, ella tiene 38 años, es casada y fruto de esta unión tiene cuatro hijos. Rita es una madre de familia que vive con sus hijos en su casa propia que cuenta con todos los servicios básicos (agua, luz y desagüe) en la ciudad del Cusco del departamento del Cusco. Esta zona se caracteriza por su actividad comercial y el turismo. Rita es ama de casa y alterna sus actividades de su casa con la elaboración de artesanía, ella junto con su esposo tienen un taller de pintura en su domicilio. Ya son 15 años que se dedican a este negocio y les va muy bien gracias al empeño que ponen en su trabajo. Rita solicitado Rita a Asociación Arariwa un crédito para adquirir materiales como por ejemplo marcos cubiertos con pan de oro, bastidores, oleos y marcos de solo madera. Con los ingresos de la venta de sus productos cubriría las cuotas del crédito brindado. Rita es una persona muy conocida por ser una mujer trabajadora, responsable y una buena madre al querer brindarles un mejor futuro a sus hijos mejorando la calidad de vida de su familia. Rita tiene como sueño abrir una tienda de ventas en el centro de la ciudad del Cusco.(las personas que aparecen en la parte inferior de la fotografía llegaron después de la reunión).

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $63,759,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Kukuli Group's $5,900 loan helped a member to buy gold leaf frames, plain wood frames, canvas stretchers, and oil paint.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 19, 2014
May 30, 2014
Currency Exchange Loss:
Oct 22, 2014