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Cayetana
Cayetana belongs to the “Virgen Asunta de Oropesa” cooperative bank, which is located in the Oropesa district of the province of Quispicanchi in the deparment of Cusco, Peru. She is 59 years old and married with two children. She wants the loan to invest in her bread-making business. The city of Oropesa, is famous for making bread. Cayetana will use the loan to buy flour, yeast, wood, and other ingredients to make her bread which she sells in the nearby city of Huancarane. 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

  • $6,715
    Average annual income
  • 56
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cayetana to Invest in her bakery.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2011
Listed
Jan 6, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011