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Rosmery Mirtha
Ms. Rosemary belongs to the community bank "Virgen Natividad" located in the province of Urubamba and Cusco.

Ms. Rosmery: is single and is 25 years old. She is engaged in the buying and selling of corn, helping her mother. Along with her mother and sister, they work their corn-growing territories and sell it wholesale. The borrower now wants to invest money in a new business. She wants to rent a commercial store and sell clothes in Urubamba. Ms Rosemary already has a small amount of capital that she was saving for months and needs exactly the requested loan amount. She is requesting a loan to invest in her own clothing business.

She is very grateful for the loan and agrees to meet the payments on the loan in a disciplined manner.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN NATIVIDAD”; Este banco está ubicado en la provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Rosmery: es soltera y tiene 25 años de edad; la socia se dedica a la compra y venta de choclo, ayudando a su mamá, la socia junto a su hermana y su mamá, trabajan sus terrenos de cultivo de choclo y lo venden al por mayor, la socia ahora desea invertir su dinero en un nuevo negocio propio, ella desea alquilar una tienda comercial en Urubamba y vender ropa, la socia ya cuenta con un pequeño apoyo de capital que estuvo ahorrando por meses y le hace falta exactamente este monto que pide, La socia solicita el préstamo para invertir en su propio negocio de ropa.

La socia está muy agradecida por el préstamo y se compromete a cumplir con los pagos de dicho préstamo de forma disciplinada.

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
  • 67
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Rosmery Mirtha buy and sell cloths.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
Apr 22, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011