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Domitila
Domitila is a member of the Virgen de Los Angeles Village Bank, which meets once per month in the town of Huayllacocha, about an hour from the city of Cusco. She is 51 years old and married with seven children, four of whom are adults living independently in Lima and Cusco, while three are children who still live at home. Domitila owns a small farm with her husband and also has a business buying and selling local products such as barley, broad beans and corn. She buys the crops from her neighbors and resells them in the jungle city of Quillabamba, about five hours away, travelling there about once per month.



Domitila is requesting a loan of 2000 soles to buy wheat, broad beans and corn, pledging to repay this loan on time and in full. She is grateful for the loans offered to her by Asociacion Arariwa since it is the only institution providing financial services in her town.

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).

About Peru

  • $6,715
    Average annual income
  • 52
    View loans »
    Peru Loans Fundraising
  • $53,895,075
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Domitila to buy wheat, broad beans and corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009