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Nicolasa
Nicolasa was born in the city of Cusco, which is known as the archaeological capital of the Americas. She is 58 years old and lives in the same city where she was born.


Nicolasa has a small grocery store in her home where she sells basic necessities such as rice, sugar, noodles, and other items. She has already been in this business for three years and has done very well as a result of the effort she puts into her work. Nicolasa is a member of the Communal Bank “Conzume III”, which is part of Asociación Arariwa. She has requested loans on several occasions. For this opportunity, Nicolasa needs a loan to increase her business capital. She wants to buy more merchandise such as rice, sugar, noodles, and other products.

View original language description ↓
Nicolasa nació en la ciudad D. Cusco (Capital Arqueológica D. América), ella tiene 58 años D. edad y vive en la misma ciudad donD. nació. Nicolasa tiene una pequeña tienda abarrotes en su domicilio donD. venD. productos D. primera necesidad como por ejemplo arroz, azúcar, fideos y otras cosas más. Ya son tres años que se dedica a este negocio y le va muy gracias al empeño que pone en su trabajo. Nicolasa pertenece al banco comunal “Conzume III” D. la Asociación Arariwa y ya son varias veces que se presta crédito pero en esta oportunidad Nicolasa requiere el préstamo para aumentar el capital D. negocio y desea comprar más mercadería como por ejemplo arroz, azúcar, fideos y otras cosas más.

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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
  • 103
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Nicolasa to buy rice, sugar, noodles, and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2011
Listed
Apr 2, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011