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Cornelia
Cornelia belongs to “Los Rosales de Saylla” (The Rose Bushes of Saylla) communal bank, situated in the district of Saylla, Cusco province, department of Cusco.

Cornelia is 38 years old, living with a companion, and has 2 children. She is dedicated to agriculture as a principal source of income, and she also raises small fowl (chickens, etc.). And she rents land to farm in planting season.

She needs to rent land to sow corn, and for this she needs to borrow money to hire a tractor for plowing, and to buy seeds and fertilizer; and, later, for irrigating the fields. Cornelia requests a loan to invest in land rental.

Cornelia appreciates and values the loan provided by this source and in the same manner, she promises to comply with the payments on schedule.
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La socia pertenece al banco comunal “LOS ROSALES DE SAYLLA”; este banco está situado en el distrito de Saylla en la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Cornelia; La socia tiene 38 años de edad; ella es conviviente y tiene 2 hijos, La socia se dedica a la agricultura como fuente principal, después ella también cria animales menores (aves de corral), también ella alquila en época de siembra terrenos. La socia necesita alquilar un terreno para sembrar maíz, para lo cual requiere dinero para pagar al tractor que limpiara y afirmara el terreno, comprar las semillas y abonara el mismo, luego el riego. La socia solicita el préstamo para invertir en el alquiler del terreno.

La socia agradece y valora el préstamo otorgado mediante este medio y del mismo modo 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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cornelia tO INVEST IN RENTING FARM LAND FOR PLANTING CORN.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011