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Teodora
Teodora, 51, is a member of the “VIRGEN DE LA O” communal bank located in Yucay district, Urubamba province, Cusco department. She is married and has 6 children.

She is a craftsperson and sells earrings made of Alpaca and sheep’s wool woven purses. She buys the purses, that include a coin purse inside made of the same color wool as the purse, at wholesale; some have a medium size coin purse and others a small one for small change.

She needs funds to buy merchandise for the upcoming season. She needs the loan to buy merchandise for her business.

She takes this opportunity to use this forum to thank all those who participate in this dream and pledges to repay in a timely fashion.
View original language description ↓

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. Teodora; ella tiene 51 años de edad y es casada y tiene 6 hijos; La socia se dedica a la artesanía, ella tiene su negocio de venta de aretes en alpaca y venta de carteras tejidas en ovino; La socia compra al por mayor estas carteras que vienen con sus monederos interiores en el mismo tejido y color que la cartera, algunas traen un monedero mediano y otro chico para el sencillo. La socia necesita el préstamo para comprar mercadería para la siguiente temporada. La socia solicita el préstamo para invertir en la compra de mercadería para su negocio.

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

  • $12,000
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Teodora to buy merchandise for her 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