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Sep 30, 2016 5:34 EDT

Peru: Virgen Natividad De Chuso Group – A loan of $4,775 helps a member to buy milk, rice, and sugar, among other items.

iCrowdNewswire - Sep 30, 2016

Virgen Natividad De Chuso Group

Borrower image

Virgen Natividad De Chuso Group’s story

This [communal bank] member belongs to the communal bank “Virgen Natividad de Chuso.” Member Elena is 49 years old. She has five children and is married. In addition to her daily tasks, she works in her business, a grocery store. She has had her business for some time, and it is going well for her thanks to the effort that she puts into it every day. At the same time, she works in agriculture. She wants to be able to continue working so that in this way she can continue supporting her family.

She is applying for the loan for the purchase of milk, rice, and sugar, among other items.

The members in general are grateful for the loan granted and promise to make their established payments.

In this group: Dominga, Elena, Lorenza, Maritza, Andrea Avelina, Gerardina, Judith, Elena, Porferia, Basilia, Mahaly, Yudy, Lucila, Amanda, Honorata
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry View original language description

This loan is special because:

It reaches borrowers in underserved and disadvantaged areas in Peru.

Kiva staff

More about this loan

About Asociación Arariwa:

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).

A loan of $4,775 helps a member to buy milk, rice, and sugar, among other items.

Contact Information:

Virgen Natividad De Chuso Group

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