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Author Topic: PERU: KivaFriends Forum's Honorary Country of the TwoWeeks #2  (Read 15715 times)
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cjp1973
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« Reply To This #40 on: February 01, 2010, 12:29:48 PM »

The kivablog has a new entry regarding Peru, the text follows but for the pictures click the link.
http://www.kiva.org/about/inside/2010/02/01/update-from-cusco-flooding-and-arariwa.html


A number of concerned Kiva lenders have written in following last week's news of torrential rains and flooding in the Cusco region of Peru, where Kiva field partner Asociación Arariwa is based. The region is currently experiencing the heaviest rainfall it has seen in the past 15 years. While most of the international news coverage has focused on  tourists stranded near the Incan ruins of Machu Picchu, the effect on the local populations has been far more devastating.

Most houses in Cusco are built of clay and straw adobe bricks; many of these homes were destroyed or severely damaged when they were unable to withstand the heavy rains and flooding. A number of the communities surrounding the city of Cusco, like Lucre, Huacarpay, Oropesa and Anta were severely affected. Many residents lost their homes, animals, crops and/or possessions. The Peruvian government and local organizations have provided temporary tent shelters for homeless families. However, the rainy season will likely continue for another 1-2 months, delaying any reconstruction effort significantly. At present, most local discussion of the situation has centered on fulfilling immediate needs by providing emergency supplies rather than on mounting an effort to rebuild the homes that were destroyed.

It is not yet clear how many Arariwa borrowers have been affected by the heavy rains. A significant impact is expected, however, since most of Arariwa’s clients live in the Cusco region and many are residents of the communities that were hardest hit by the floods. One loan officer I spoke with estimated that of the clients he has been able to contact thus far, about 40% have seen their homes or their livelihoods significantly affected. Arariwa is currently organizing a relief effort to distribute basic emergency supplies like food, clothing and blankets to some of these communities. Some of the affected borrowers are Kiva clients; however, at this point it is too soon to know any precise numbers. We hope to start publishing journal updates detailing the flood’s impact on specific clients soon.

On a personal note, as a resident of Cusco I would like to say that I have been impressed and moved by locally organized relief efforts and the degree of solidarity being shown with flood victims. University students have launched door-knocking campaigns to collect emergency provisions and blankets and have traveled to hard-to-reach communities to deliver the supplies and help residents salvage their remaining possessions. Many Arariwa staff members are voluntarily giving a portion of their salary to support the relief effort. Nearly every plaza in the city of Cusco has been converted into the center of operations for a group collecting donations and funds to send to one of the affected communities.

We will continue to inform Kiva lenders of the situation on the ground as additional information becomes available. In the meantime, for more information or to find out how you can help, please contact Asociación Arariwa’s Kiva Coordinador, Raquel Villafuerte, at raquel.villafuerte@arariwa-microfinanzas.org.pe.
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wind5001
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« Reply To This #41 on: February 02, 2010, 03:06:59 AM »

Gotta love Gerard. Here is his wonderful reply to my email, which not for the first time makes me wonder whether he got my point...I coming more and more to the conclusion that it is pretty pointless to write to Kiva CS. I wonder whether he read beyond my first paragraph at all.

"Hello Oliver,   

One thing to highlight is that we allow any lender who does wants the MFI to honor the guarantee to get their full repayment back. This was a way to help organizations struggling in the midst of a disaster in a way that lenders overwhelmingly request (whenever a disaster strikes one of our Field Partners, our lenders ask if they can forgive loans or ask not to be repaid).

You are not entering into a contract with the MFI when you lend on Kiva. Instead, you're subject to Kiva's Terms of Use.

This is a new policy and we're working to perfect implementation. If this has affected any of your loans and you don't agree to the change in the default coverage then let me know and I can bill the partner for your share of that loan.

Best wishes, 
Gerard Niemira
Customer Service Manager"
« Last Edit: February 02, 2010, 03:08:06 AM by wind5001 » Logged

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Mona
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« Reply To This #42 on: February 05, 2010, 10:58:09 AM »

Another loan for a victim of the recent flood:

http://www.kiva.org/app.php?page=businesses&action=about&id=173639


Violeta belongs to the community bank "Ricchary Purisun-Oropesa". She lives in the district of Oropesa within the municipality of Cusco, 30 minutes from the imperial city of the Incas. Violeta is 40 years old, a single mother and has a son aged 21 years. She sells beer for a living and has a small beer-selling shop. However, the floods last week in Cusco caused one of the walls of the shop to collapse, and Violeta needs a loan in order to fix the wall and to purchase a little merchandise to help her business along. Her shop is located on the Cusco-Arequipa highway. Violeta is grateful for such an opportunity to improve her business. She is committed to the terms and agreements of the loan and to timely repayments.

8 months loan from Asociación Arariwa, Peru (5*), no currency risk
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Mona
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« Reply To This #43 on: February 13, 2010, 02:35:11 AM »

Obviously not only those who have been harmed directly from the recent rains and floods are suffering and need our help. I think I will make the region of Cusco one of my lending focal points this month.

http://www.kiva.org/lend/175385?_tpos=1&_tpg=1


These clients belong to the communal bank “JESUS DIVINO AMOR” which is located in the city of Cusco and meets in the district of Huanchac in Arariwa's offices.

These clients all have retail businesses. Among the members of this group, there is a client who has a store where he provides copying and printing services. Another member has a tourism business – he is worried that because of the past few months of floods, tourism has decreased throughout the city of Cusco. Another member sells beauty products by catalog. Another member sells pottery and is currently very worried about the lack of tourists. Another member sells food in the Huanchac market. Another member is a taxi driver; another two own general stores; another works in a bakery. Mrs. Antonieta Paucar Atamari, who is 44 years old, is originally from Sicuani in the province of Canchis, and is separated. She studied cake and pastry baking in a professional institute. She has three children and is a single mother. She is a entrepreneurial woman and has independently been able to provide her children with their studies, food, and other needs. She has her own store on Belén Street where she sells cakes. It is a very pretty shop and it is so successful that she is opening another branch on La Cultura Avenue, a neighborhood that has gone through a great transition. Antonieta is seeking this loan to pay for her new store.

All the members of this group appreciate this opportunity for a loan and promise to repay each of their loans in the agreed-on schedule.

5 months loan from Asociación Arariwa, Peru (5*), no currency risk
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Amy-in-PHX
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« Reply To This #44 on: February 25, 2011, 02:22:12 AM »

[From BBC News -- excerpts]
22 February 2011 Last updated at 22:41 ET
Peru cuts ties with Libya and condemns violence

Peru says it has suspended diplomatic relations with Libya over the use of force against civilians there.  It is the first country to take such a step since the anti-government protests erupted in Libya last week.

Peruvian President Alan Garcia condemned developments in Libya, saying that "Peru expresses its most energetic protest at the repression carried out by the Libyan dictatorship of Muammar Gaddafi against his people, who are demanding democratic reforms to change a government led by the same person for 40 years."

Mr Garcia said he would ask the United Nations Security Council to impose a no-fly zone over Libya, to prevent the use of fighter jets against the civilian population by the Libyan government.

Meanwhile, Libya's traditional allies in the region, Cuba and Venezuela, have urged what they called imperialist states to stop interfering in Libya.

The former Cuban leader Fidel Castro accused the United States of being ready to order an invasion of Libya.

On Monday, Venezuelan Foreign Minister Nicolas Maduro said he hoped the Libyan people would find "a way of solving their problems peacefully without the interference of imperialist states whose interests in the region had been affected".
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We can do no great things - only small things with great love.     (Mother Teresa)
Amy-in-PHX
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« Reply To This #45 on: February 28, 2011, 02:19:00 PM »

From an article in the Wall Street Journal, published online an hour ago:

LIMA (Dow Jones)--Peru's gross domestic product continued its rapid growth in the fourth quarter of 2010, up 9.2% compared with the same period a year earlier.

In the fourth quarter, growth was driven once again by rising domestic demand which boosted activity particularly in the construction, manufacturing, finance and retail sectors, the National Institute of Statistics and Information said in a statement Monday.

The strong quarterly growth shows that Peru's economy continues to show momentum, while economists say robust expansion is expected to continue this year, with forecasts at about 7%. Peru's accumulated GDP growth in 2010 was 8.8%.

The INEI said the economy has now expanded for five consecutive quarters, rebounding sharply from the global economic downturn.
.  .  .  .  .  . 

The rest is here:  http://online.wsj.com/article/BT-CO-20110228-711772.html
It seems Peru is doing better than we are at recovering from the big crash of 2008.  Hope it continues, despite the flooding in the southern part of the country.
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We can do no great things - only small things with great love.     (Mother Teresa)
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« Reply To This #46 on: March 30, 2011, 10:40:44 PM »

Today (30 March 2011) Yale University returned to Peru, the first of three shipments of artifacts that were taken from Machu Picchu 100 years ago.  Another shipment will be sent in December this year, and the final pieces in 2012.  See:
http://www.ntn24news.com/latinamericanews/33011-yale-returns-ancient-relics-peru-after-100-years
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We can do no great things - only small things with great love.     (Mother Teresa)
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