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Melchora
This member belongs to the communal bank Virgen Purificada - Angostura . She lives in the Angostura district in the Saylla Province in the department of Cusco.

Señora Melchora is 51 years old. She is married and has 4 children. For economic reasons she did not study past primary school. She farms and raises animals for a living. She is a very hard-working woman and she lives in Saylla. She and her husband work together in the field growing different varieties of potatoes and corn. Together they sell what they produce to the different restaurants in the region and door to door in the residential neighborhoods of Cusco. She is requesting a loan to buy fertilizer and seeds and to help clear the land for a new crop.

She values and is infinitely grateful for the loan since this will allow her business to grow and improve her quality of life. She is committed to repaying the loan on time.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN PURIFICADA - ANGOSTURA”; La socia vive en el distrito de Angostura en la provincia de Saylla departamento del Cusco.

La socia es la Sra. Melchora ella tiene 51 años de edad y La socia es casada y tiene 4 hijos la socia estudio solo hasta la primaria completa y por motivos económicos no pudo continuar sus estudios; La socia se dedica a la agricultura y a la ganadería, la socia trabaja junto a su esposo en el campo cultivando diferentes variedades de papa y maíz, La socia es una mujer muy trabajadora y vive en Saylla, ella y su esposo venden lo que producen a los diferentes restaurantes de la zona y en Cusco casa por casa en los barrios residenciales. La socia solicita el préstamo para invertir en la compra de abono, semillas y limpiar el terreno para una nueva cosecha.

La socia valora y agradece infinitamente el crédito otorgado ya que este le permite crecer con su negocio y mejorar su calidad de vida, así mismo se compromete a cumplir con el pago de sus cuotas en el plazo estipulado.

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
  • 53
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Melchora to buy fertilizer and seeds and to clear the land for a new crop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010