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Fanny
Fanny belongs to the “QORICHUSPA” communal bank. She lives in the Huanchac district in the province of Cusco, department of Cusco.

Fanny is 37 years old, married, and has 2 children. She makes a living selling cosmetics from catalogues—she offers different beauty product catalogs, and also orders all of the products that appear in the catalogues so that she has them in stock. Fanny is a woman who is very dedicated to her home, and her work allows her to adjust her hours so that she can be with her children. She is asking for a loan so that she can purchase beauty products from a catalogue and then sell them for a little more than the cost.

Fanny greatly appreciates the loan that is being offered, since it will allow her to grow her business and improve her quality of life. She promises to complete her payments according to the terms of the loan.
View original language description ↓
La socia pertenece al banco comunal “QORICHUSPA”; La socia vive en el distrito de Huanchac en la provincia de Cusco, del departamento de Cusco.

La socia es la Sra. Fanny; ella tiene 37 años de edad y La socia es casada y tiene 2 hijos, la socia se dedica a la venta de cosméticos por catálogos, la socia ofrece sus diversos catálogos de productos de belleza y ella también pide todos los productos que están en oferta para tener en stock, La socia es una mujer muy dedicada a su hogar y este trabajo le permite acomodar sus horarios para estar con sus hijos. La socia solicita el préstamo para comprar del catálogo las ofertas y más adelante venderlos a un poco más.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fanny purchasing products from a catalogue and then selling them for a little more than the cost.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 4, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011