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Fanny Luz
Fanny is a member of the Communal Bank "Sacsayhuaman", which is part of Asociación Arariwa. She is 23 years old. This hardworking and enterprising young woman managed to open her own business selling handicrafts. She has a rented location near the Plaza Armas in Cusco where she sells products made of silver. Fanny has already been in this business for two years and has done very well because of the effort she puts into her work. Her earnings were impacted by the slump in tourism in the city of Cusco. The lack of tourists that resulted from the heavy rains during the months of January and February caused many businesses to shut down due to a lack of sales. However, Fanny is a determined young woman who pressed forward despite these adversities. She will use this loan to buy more silver. Her dream is to have her own shop so that she can sell more and generate additional income that will provide her a better quality of life.


Fanny is grateful for this opportunity and commits to making her payments on time.

View original language description ↓
Fanny pertenece al Banco Comunal “Sacsayhuaman” de la Asociación Arariwa, tiene 23 años, ella es una joven trabajadora y emprendedora que se las ingenio para abrir su propio negocio de venta de artesanía, ella tiene un local alquilado cerca a la Plaza Armas del Cusco, donde expende sus productos de platería y ya son dos años que tiene el negocio y le ha ido muy bien gracias al empeño que pone en su trabajo. Los ingresos de la socia Fanny fueron afectados por la caída del turismo en la ciudad del Cusco. La poco afluencia de turistas se debe a las fuertes precipitaciones fluviales que cayeron durantes los meses de enero y febrero haciendo que muchos local cerraran por falta de ventas, pero Fanny es una joven impetuosa se sigue adelante a pesar de las adversidades. Fanny usará el préstamo para comprar más platería. El sueño de la socia es tener su propia tienda y así de esta manera vender más y tener más ingresos económicos y darse una mejor calidad de vida.

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

  • $12,000
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Fanny Luz purchase silver.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 19, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010