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Timotea
The associate belongs to the “LAS TRIUNFADORAS” communal bank. The bank is located in the Andahuaylillas district, which belongs to the province of Quispicanchis and department of Cusco.

The associate is Señora Timotea. She is 33 years of age, lives in a shared home and has 4 children. The associate alternates her daily activities with the business of buying and selling cattle. The associate raises the cattle, fattens them, and later takes them to places such as Combata to be able to sell them. By means of this business the associate helps her children get ahead. The associate wants to expand the cattle sale business. The associate requests the loan to buy food for the cows such as grass wholesale.

The associate is happy for the loan and she promises to comply with the payment schedule.
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. Timotea; ella tiene 33 años de edad y es conviviente y tiene 4 hijos; La socia alterna sus actividades diarias con el negocio de compra y venta de vacas, la socia cría las vacas las hace engordar y luego los lleva a lugares como Combata para poder venderlos, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar el negocio de venta de vacas. La socia solicita el préstamo para comprar alimentos para las vacas como pasto 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
  • 107
    View loans »
    Peru Loans Fundraising
  • $56,740,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Timotea to buy feed for her cattle such as grass wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 22, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011