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Lorenza
Lorenza is a member of the Virgen Natividad Community Bank. This bank is located in the Yucay village in the Urubamba province, Cusco department.

Lorenza is 44 years old, single, and has four children. Two of her children are independent, and the other two are 16 and 10 years old.

She devotes herself primarily to making handicrafts. She makes all types of handicrafts in the doorway of the Sonesta Posada Hotel in Yucay. She sells gloves, wool belts with appliques, scarves, lace scarves, blankets, and hats. Everything is made from wool from sheep and alpacas and synthetic wool.

She is now requesting a loan to be able to buy materials for making her different knitted products. She is requesting the loan to buy wool and other things to make her pieces of work.

She is very grateful for the loan, and she pledges to make her payments in a disciplined way.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN NATIVIDAD”; Este banco está ubicado en el poblado de Yucay, provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Lorenza; es soltera, la socia tiene 44 años de edad, la socia tiene 4 hijos 2 independientes, tiene otros 2 de (16, 10), la socia se dedica principalmente a la artesanía, la socia elabora todo tipo de artesanía en la puerta del hotel sonesta posada en Yucay, la socia vende guantes, coreas de lana con aplicaciones, chalinas, mantillas, mantas, gorros y todo hecho en lana de oveja, alpaca y lana sintética, la socia e esta ocasión solicita el préstamo para poder invertir en la compra de materiales para la confección de los diferentes tejidos. La socia solicita el préstamo para invertir en la compra de lanas y otros para elaborar sus trabajos.

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
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lorenza to buy wool and other supplies to make her products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011