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This borrower belongs to the San Isidro de Yanahuara Communal Bank. The bank is located in the District of Urubamba, part of the Province of Urubamba and the Department of Cusco.

Raquel is 32 years old, married, and has three children. She alternates her daily activities with her business selling handicrafts. She makes her sales at a hotel in Yanahuara called Casa Andina and works from 5am to 10pm. Raquel uses this business to get her children ahead in life. She is requesting the loan to buy handicrafts at wholesale.

Raquel is happy for the loan and promises to make her repayments.

View original language description ↓
La socia pertenece al banco comunal “SAN ISIDRO DE YANAHUARA”; El banco está ubicado en el distrito de Urubamba, perteneciente a la provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Raquel; ella tiene 32 años de edad y es casada y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de venta de artesanía, ella vende en el hotel de yanahuara llamado Casa Andina, ella trabaja desde las 5:00 a.m hasta las 10:00 p.m y por medio de este negocio la socia saca adelante a sus hijos. La socia solicita el préstamo para comprar artesanía al por mayor.

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
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Raquel to buy handicrafts at wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 11, 2011
Apr 21, 2011
Currency Exchange Loss:
Nov 15, 2011