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The associate belongs to the "NEW VICTORY - CHINCHERO" communal bank. This bank is situated in the district of Chinchero, which belongs to the province of Urubamba and the department of Cusco, located 45 minutes from the city.

The associate, Clara, is 36 years of age. She is separated and has 4 children. The associate is an artesan and works in this area. In conjunction with this she is seeking to buy land in her town and needs to add to what she has already saved. The associate requests the loan to add to her savings to be able to buy her own land.

The associate is grateful for the loan granted in this way and at the same time promised to comply with the payments according to the schedule stipulated.
View original language description ↓

La socia pertenece al banco comunal “NUEVA VICTORIA - CHINCHERO”; Este banco está situado en el distrito de Chinchero, perteneciente a la provincia de Urubamba y departamento de Cusco; situado a 45 minutos de la ciudad.

La socia Clara; La socia tiene 36 años de edad, ella es separada y tiene 4 hijos, La socia es artesana y trabaja con este rubro, ella paralelamente a esto esta tras comprar un terreno en su pueblo y requiere aumentar a lo que ella ya tiene ahorrado, La socia solicita el préstamo para aumentar y poder comprar su propio terreno.

La socia agradece el préstamo mediante este medio y del mismo modo 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

  • $12,000
    Average annual income
  • 102
    View loans »
    Peru Loans Fundraising
  • $58,947,825
    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 Clara la socia solicita el préstamo para aumentar y poder comprar su propio terreno.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 27, 2010
Oct 1, 2010
Currency Exchange Loss:
Mar 15, 2011