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Augusta Renee
Introducing Augusta Renee, a member of the “Milagrosa Virgen del Carmen II” Communal Bank, located in Wanchaq, a district of the Cusco province in the Cusco region.

Augusta Renee is 55 years old, she is married and has 3 children. She alternates her daily chores with her job: she owns a pub where she sells beers and sodas and where she works from 10 am to 11 pm. As she wants to provide for her children, she wishes to improve her activity and extend her facility. The loan she is requesting will be used to buy beers and sodas for her pub.

She is thankful to those who will form part of her dream through this loan and she commits to comply with the repayment of her dues in the set time.
View original language description ↓

La socia pertenece al banco comunal “Milagrosa Virgen del Carmen II”; El banco está ubicado en el distrito de Wanchaq, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Augusta Renee; ella tiene 55 años de edad y es casada y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de venta de cervezas y gaseosas, ella es propietaria de un bar que atiende desde las 10:00 a.m hasta las 11:00 p.m, ella quiere sacar adelante a sus hijos, la socia quiere mejorar su negocio y ampliar su local. La socia solicita el préstamo para comprar gaseosas y cervezas para su bar.

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
  • 132
    View loans »
    Peru Loans Fundraising
  • $57,912,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Augusta Renee to buy sodas and beers for her pub.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011