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Lena
Lena is 44 years old and lives in the beautiful city of Cusco, Peru. She has been a member of Arariwa's “Patrón de San Sebastián” community bank for a long time. Lena is a single mother since her partner abandoned her and her two children. She is a hard-working and enterprising woman since she has a small business selling catalog products. She sells the products on credit to her friends and family members and a month later she has to collect payment for them.

Lena plans to use her loan for $300 to increase her business capital. She would like to be able to pay the catalog company for products which her customers have ordered such as clothing, perfume, earrings, etc.

She is grateful for the opportunity which she is being given with this loan and therefore pledges to make her repayments in a timely manner.
View original language description ↓
Lena tiene 44 años y vive en la hermosa ciudad del Cusco, Perú, ella desde hace mucho tiempo que participa en el banco comunal “Patrón de San Sebastián” de la Unidad de Micro finanzas Arariwa. Lena es madre soltera pues su pareja la abandono con sus dos hijos, ella es una mujer trabajadora y emprendedora pues tiene un pequeño negocio de venta de productos por catalogo, ella da los productos a crédito a sus amigas y familiares. Después de un mes Lena tiene que cobrar el valor del producto.

Lena con su próximo préstamo que espera recibir de $ 300 USD, ella invertirá el dinero para aumentar el capital del negocio y desea pagar a la empresa del catalogo los productos que fueron pedidos por sus clientes como prendas de vestir, perfumes, aretes y muchas cosas más.

La socia se encuentra agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Lena to pay the catalog company for products ordered.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011