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Elvira
Elvira belongs to the Mosoc Runa ["New People" in Quechua] communal bank, which is located in the district of Cusco, in the province of the same name.

Elvira is 45 years old and is married with two children. Each day she tends to her chores and also runs a business selling sugar and rice. She has a store where she sells these items wholesale, and distributes them to various stores. Elvira also runs a small food stand at a local school. She wants to improve her sugar and rice selling business, and is asking for the loan to buy large quantities of rice and sugar.

Elvira is thankful for the loan and promises to make her payments within the established time period.
View original language description ↓

La socia pertenece al banco comunal “MOSOC RUNA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Elvira; tiene 45 años de edad, y es casada y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio de venta de azúcar y arroz, ella tiene una tienda donde vende azúcar y arroz al por mayor y luego lo distribuye a las diferentes tiendas, la socia también tiene un cafetín en un colegio particular, la socia quiere mejorar el negocio de venta de arroz y azúcar. La socia solicita el préstamo para comprar arroz y azúcar al por mayor.

La socia agradece el préstamo solicitado 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
  • 133
    View loans »
    Peru Loans Fundraising
  • $57,381,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elvira to buy large quantities of rice and sugar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011