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Benedicta
Benedicta is a member of the communal bank, El Molinito II. The bank is located in the district of Cusco in Cusco province, department of Cusco.

Benedicta is over 60 years old and is a widow with seven children. She divides her time between her daily activities and her job selling vegetables. She buys her vegetables at the Huancaro market and sells them in the El Molino market and works every day from 5:00 am until 5:00 pm. Benedicta would like to expand her vegetable selling business. She has requested this loan in order to buy vegetables such as carrots, potatoes, peas, and other vegetables.

Benedicta is grateful for the loan and is committed to making her payments on time.
View original language description ↓

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

La socia es la Sra. Benedicta; ella tiene 60 años de edad y es viuda y tiene 7 hijos; La socia alterna sus actividades diarias con el negocio de venta de verduras, la socia compra verduras del mercado de Huancaro y los vende en el mercado de el molino, la socia trabaja desde las 5:00 a.m hasta las 5:00 p.m, la socia quiere ampliar el negocio de venta de verduras. La socia solicita el préstamo para comprar verduras como zanahorias, papas, arvejas entre otras verduras.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Benedicta she has requested the loan in order to buy vegetables such as carrots, potatoes, peas, and other vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 2, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011