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Carmen
This borrower belongs to the Amauta communal bank, which is located in the district of Huanchac, part of the province and department of Cusco.

Carmen is 65 years old, married, and has two children. She has a car washing and oil change business, as well as a grocery store to which all of the family attends. She is a very hardworking woman and she likes to manage and attend to her own businesses. Carmen is requesting the loan to be able to buy merchandise for her grocery store and also to buy oils for her car wash and lube business. She is requesting the loan to invest in the two businesses.

Carmen appreciates and values the loan provided and she promises to make her loan payments according to the established time frame.
View original language description ↓

La socia pertenece al banco comunal “AMAUTA ”; El banco comunal está ubicado en el distrito de Huanchac, provincia de Cusco y departamento de Cusco.

La socia es la Sra. Carmen; La socia tiene 65 años de edad, es casada y tiene 2 hijos, La socia tiene un negocio de lavado de autos y cambio de aceite, La socia también tiene una tienda abarrotes y lo atienden toda la familia, La socia es una mujer muy trabajadora y le gusta administrar y atender ella misma sus propios negocios; La socia solicita el préstamo para poder comprar mercadería en el caso de su tienda abarrotes y también comprar aceites para implementar su lavado de autos y engrase. La socia solicita el préstamo para invertir en sus dos negocios.

La socia agradece y valora el préstamo otorgado mediante este medio y del mismo modo se compromete en 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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,975,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Carmen to invest in her two businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Oct 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011