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Octavia
Octavia is 35 years old, lives with her partner and has 3 children, one of whom is independent and 2 still depend on her (Naida, 20 and Samira, 3). Octavia forms part of the communal bank 'Once de Mayo - Huancarani' of the Asociación Arariwa. She works selling food and has a small restaurant in her house which is located in the principal plaza of the city of Huancarani. She also sells gas, soft drinks and beer. Octavia tells us that she has sold food, gas, soft drinks and beer for 10 years and she has done very well, thanks to the determination she has in her work. Octavia requires a loan of 2000 soles which she will invest in the purchase of more rice, sugar, beer and soft drink. Octavia is thankful for the opportunity given to her and she promises to meet the payments according to the timeline.

(The Peruvian district of Huancarani is one of the 6 districts in the province of Paucartambo, located in the department of Cusco, pertaining to the Cusco region, Perú).
View original language description ↓
Octavia, tiene 35 años, es conviviente y tiene tres hijos de la cuales uno es independiente y dos todavía depende de ella (Naida de 20 años y Samira de 03 años). Octavia forma parte del banco comunal “Once de Mayo - Huancarani” de la Asociación Arariwa, ella se dedica a la venta de comida tiene un pequeño restaurante en su domicilio que esta ubicado en la plaza principal de la ciudad de Huancarani y también vende gas, gaseosas y cerveza. Octavia nos cuenta que ya son 10 años se dedica a la venta de comida, gas y cerveza y le ha ido muy bien gracias al empeño que pone en su trabajo. Octavia requiere el préstamo de los 2000 soles, que invertirá en comprar más arroz, azúcar, cerveza y gaseosa. Octavia se encuentra agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

(El distrito peruano de Huancarani es uno de los 6 distritos de la Provincia de Paucartambo, ubicada en el Departamento de Cusco, perteneciente a la Región Cusco, Perú).

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
  • 55
    View loans »
    Peru Loans Fundraising
  • $53,914,550
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Octavia purchase of rice, sugar, beer and soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2010
Listed
Feb 21, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010