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Apr 19, 2017 7:20 AM ET

Peru: Corazon De Jesus De Yanama Group: A loan of $2,775 helps a member to buy guinea pigs, chickens as well as food for the animals.

iCrowdNewswire - Apr 19, 2017

Corazon De Jesus De Yanama Group

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A loan of $2,775 helps a member to buy guinea pigs, chickens as well as food for the animals.


Corazon De Jesus De Yanama Group’s story

These are the members of the communal bank “Corazon de Jesus de Yanama”, which is located in the Ocongate district of Quispicanchis, in Cusco.

The member in question is Susana who is 38-years-old and married with 3 children. She works in agriculture and makes a living rearing animals such as guinea pigs and chickens. Through this work Susana would like to launch a local store, since it is her dream to own her own business. She would also like a larger space where she is able to sell her animals. Susana is requesting this loan in order to buy guinea pigs and chickens as well as animal feed.

The other members of this group make a living from agriculture, running a restaurant, animal sales, and managing a grocery store.

Susana is very grateful to those who will make her dream come true by means of this loan and she is committed to making the repayments within the established timeframe.

In this group: Susana, Mercedes, Ceferina, Julian, Maria*, Nazaria Yovana, Elbert
*not pictured

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Translated from Spanish by Kiva volunteer Jennifer Drinkwater 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).

Contact Information:

Corazon De Jesus De Yanama Group

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