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Augusta
This bank member belongs to the community bank "Real." She lives in the Santiago district in the province and region of Cusco.

This bank member is Senora Augusta. She is 51 years old and is the single mother of four children. She alternates her household activities with the purchase and sale of clothing. She buys and sells clothing at different locations as a walking vendor. Recently she has also been bringing secondhand American clothing and selling it in the informal market that takes place on Saturdays. She has been selling clothing for 30 years. She is applying for a loan to be able to travel and bring back clothing to sell.

This bank member appreciates and is grateful for the loan, since it will permit her to increase her business and have a better quality of life. She also promises to make all the payments on schedule.
View original language description ↓
La socia pertenece al banco comunal “REAL”; La socia vive en el distrito de Santiago en la provincia y departamento de Cusco.

La socia es la Sra. Augusta; ella tiene 51 años de edad y la socia es madre soltera ella tiene 4 hijos; la socia alterna sus actividades del hogar con la compra y venta de ropa, ella comprar ropa y vende en diferentes puntos de forma ambulatoria, también últimamente ella trae ropa americana de segunda y las vende en el mercado negro los sábados, ella vende desde hace 30 años. La socia solicita el préstamo para poder viajar y traer ropa para vender.

La socia valora y agradece el crédito otorgado ya que este le permite crecer y tener una mejor calidad de vida, así mismo se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

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
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Augusta travel and bring back clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010