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Reyna
Reyna belongs to the Mercamueble Communal Bank. She lives in the Imperial city of Cusco.

She is 20, in a common law marriage, and has two sons. The oldest is in preschool, and the youngest is still a baby. She has a shop where she makes and sells furniture.

She alternates her activities between the home and making furniture like desks, wardrobes, chairs, tables, and beds, etc. She helps her husband, a carpenter, make the furniture. She has a furniture selling stand in the Mercamuebles Market, which is located at the first bus stop in the San Sebastián province of Cusco. She has been doing this for many years. It has gone very well for her thanks to all of the effort she puts into her work.

She needs a loan to increase the capital in her business of making and selling furniture. She wants to buy raw material (wood) and materials like thinner, shellac, sandpaper, and glue, etc. for finishings the furniture.

She is grateful for the opportunity of the loan, and she promises to pay it back on time.
View original language description ↓
La socia REYNA pertenece al banco comunal “MERCAMUEBLE” y vive en la ciudad Imperial del Cusco.

La socia tiene 20 años de edad, es conviviente, tiene dos hijos dos varones. El mayor estudia en el jardín y el menor es aun un bebe. Ella tiene un taller de fabricación y venta de muebles.

Ella alterna sus actividades del hogar con la fabricación de muebles como escritorios, roperos, sillas, mesas, camas, etc. Ella ayuda a su esposo que es carpintero, con la fabricación de muebles. Ella tiene un stand de venta de muebles en el mercado “MERCAMUEBLES” ubicado en el primer paradero del distrito de San Sebastián de la provincia del Cusco. Ya son varios años con esta actividad y le ido muy bien gracias a todo el empeño que pone en su trabajo.

La socia requiere el préstamo para aumentar el capital del negocio de fabricación y venta de muebles, ella quiere comprar más materia prima (madera) y materiales para el acabado del muebles como tiner, laca, lijar, cola de carpintero, etc.

La socia se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.


La socia se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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

  • $12,000
    Average annual income
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Reyna increase capital in her business of making and selling furniture.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010