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Karla Karen
This member belongs to the “Nueva Luz” cooperative bank, which is located in the Cusco district of the province of Cusco. Her name is Karla and she is 20 years old. Karla is single and doesn’t have any children.

She is engaged in the sale of Christmas merchandise, from wrapping paper to Christmas bags and ribbons and other decorations. She buys her products wholesale on the border of Chile in Tacna, Peru. She also sells energy-saving light bulbs in the Baratillo section of Cusco. She plans on investing the loan in the purchase of more merchandise to sell for the holidays.

She is very happy with the loan granted, and commits to making her payments within the established time frame.

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
  • 129
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Karla Karen invest in Christmas merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011