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Faustina
This member belongs to the "Las Triunfadoras" communal bank. The bank is located in the district of Andahuaylillas in the Quispicanchis province in the department of Cusco.

Faustina is 39 years old and married. She has 5 children. She alternates her daily activities with her business selling handcrafts. She sells sweaters, bags, necklaces, and earrings, and she also works husking corn from time to time. She sells the handcrafts in the central plaza in Andahuaylillas, and through this business she is moving her children forward. She wants to expand and improve the handcrafts business. She is asking for a loan to buy wholesale handcrafts.

She is happy because of the loan, and she is committed to paying back the installments on time.
View original language description ↓
La socia pertenece al banco comunal “LAS TRIUNFADORAS”; El banco está ubicado en el distrito de Andahuaylillas, perteneciente a la provincia de Quispicanchis y departamento de Cusco.

La socia es la Sra. Faustina; ella tiene 39 años de edad y es casada y tiene 5 hijos; La socia alterna sus actividades diarias con el negocio de venta de artesanía, ella vende chompas, maletines, collares y aretes, también la socia trabaja deshojando maíz son trabajos eventuales que realiza, el trabajo de artesanía ella vende en la plaza de armas de Andahuaylillas y por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio de artesanía. 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

  • $6,715
    Average annual income
  • 87
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Faustina to purchase wholesale handcrafts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 23, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011