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Margarita
Our member Margarita is a humble mother who belongs to the Virgin of Chapi Communal Bank. She is 47 years old, married, and has 4 children. The 3 eldest, Maynor, Eduard, and Lehaz, study in the University, while the youngest, Fabiola, is in public school. They live in the district of Santiago, Province of Cusco.


Margarita has a small business selling dry goods such as corn, wheat, barley, beans, and peas. These products are brought from the valleys of Mollepata and Anta. She germinates grains of corn in her own home and sells them to the makers of 'chicha', the local alcoholic beverage. She has been doing this for years and it has gone very well, thanks to the effort she has put into it. She is a hard-working and enterprising mother who is advancing her family.


Margarita needs a loan to increase her business's capital and buy more corn and dry goods. She is grateful for the opportunity offered by this means and she also promises to comply with the corresponding repayment schedule.

View original language description ↓
La socia MARGARITA es una humilde madre que pertenece al banco comunal “VIRGEN DE CHAPI”.

La socia tiene 47 años de edad, es casada y tienen cuatro hijos. Los mayores estudian en la Universidad Maynor, Eduard, y Lehaz y la menor Fabiola en el colegio. Ellos viven en el distrito de Santiago de la provincia del Cusco. La socia tiene un pequeño negocio de venta de productos secos como maíz, trigo, cebada, fréjoles y habas los productos los trae de la pampa de Mollepata y pampa de Anta. Ella en su domicilio en posas hace la germinación de granos de maíz (jora) y vende a la chicherias (Lugar donde se prepara la bebida alcohólica de la chicha de jora). Ya son varios años que trabaja en el negocio y le ha ido muy bien gracias a todo el empeño que pone en su trabajo. Nuestra socia es una madre trabajadora y emprendedora que saca adelante a su familia. La socia requiere el préstamo para aumentar el capital del negocio comprando más maíz y productos secos.

La socia se encuentra agradecida 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

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Margarita tO INCREASE HER CAPITAL AND BUY MORE CORN AND DRY GOODS.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010