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Lorenza
This member belongs to the Virgen de la O community bank in the Peruvian "departamento" of Cusco.

The member's name is Sra. Lorenza. She is 39 years old and the single mother of 4 children. She operates a business making and selling traditional crafts. She learned the business from her grandparents who taught her how to make beautiful textiles, woven-wool blankets and even woven bags with canvas covers that can be used as carry-alls. Sra. Lornenza needs the loan to buy materials for making her products.

Sra. Lorenza is grateful to all those who have made this loan possible and she is committed to repaying it in the agreed-upon time.
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La socia pertenece al banco comunal “VIRGEN DE LA O”; La socia está ubicada en el distrito de Yucay, perteneciente a la provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Lorenza; ella tiene 39 años de edad y es madre soltera tiene 4 hijos y alterna sus actividades del hogar con la artesanía, ella es artesana por herencia, desde sus abuelos, elaboran bellos telares, mantas en lana de ovino y maletas tejidas recubiertas con lona para maletines. La socia necesita el dinero para invertir en el capital de trabajo para comprar los materiales y elaborar los telares. La socia solicita el préstamo para invertir en la compra de materiales para hacer los telares.

La socia agradece a quienes forman parte de este sueño mediante este medio y 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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,912,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Lorenza buy materials for crafts business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Sep 3, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011