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This member is part of the communal bank, Virgen Purificada-Angostura. She lives in the district of Angostura, a province of Saylla, in the department of Cusco. Her name is Melchora and she is 71 years old. She is a widow and has one son. She has a small grocery store and spends her time running it. She also takes care of small animals, such as chickens and guinea pigs. She is well-known in the district of Angostura and the people are very fond and appreciative of her. She knows that because of her age it is not easy to obtain a loan and as such, she is very happy to continue to be a member of this communal bank. She is asking for a loan to invest towards the purchase of products in bulk for her shop, such as rice, sugar, noodles, milk. She deeply values and is very grateful for the credit that she has been offered from which has allowed her business to grow and her quality of living to improve. As such, she promises to make timely payments on her loan.
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La socia pertenece al banco comunal “VIRGEN PURIFICADA - ANGOSTURA”; La socia vive en el distrito D. Angostura en la provincia D. Saylla departamento del Cusco.

La socia es la Sra. Melchora; ella tiene 71 años D. edad y La socia es viuda y tiene 1 hijo la socia tiene una pequeña tienda D. abarrotes, ella se dedica a administrar su tienda, la socia también cría animales menores, ella tiene pollos, gallinas y cuyes; La socia es muy conocida en el distrito D. Angostura y la gente la quiere y aprecia mucho, ella sabe que por la edad que tiene no es fácil adquirir un préstamo y es por todo ello que está muy feliz D. seguir siendo miembro del banco comunal; La socia solicita el préstamo para invertir en la compra D. mercadería como arroz, azúcar, fideos, leche al por mayor para la tienda abarrotes.

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

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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
  • 85
    View loans »
    Peru Loans Fundraising
  • $58,982,775
    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 purchase goods for her grocery store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 23, 2010
Jul 1, 2010
Currency Exchange Loss:
Dec 15, 2010