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Pilar
This lady belongs to the community bank "Hands Together Rumichaca-Alta". This bank is located in the town of Rumichaca, in the province of Urumbamba and the department of Cusco.
The bank member is called Pilar; she is married and 45 years old. She has 4 children, 3 of whom are grown up and one who is 16 years old. She has a small grocery store where she sells all sorts of goods from basic necessities to sodas and beers. She wants the loan to buy basic groceries such as rice, sugar, noodles, and flour, and in this way strengthen her business. She is requesting the loan to buy basic necessities.
The bank member is very grateful for the loan and she promises to may the repayments for this loan in a disciplined way.
View original language description ↓
La socia pertenece al banco comunal “MANOS JUNTAS RUMICHACA - ALTA”; Este banco está ubicado en el poblado de Rumichaca, provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Pilar; es casada, la socia tiene 49 años de edad; la socia tiene 4 hijos, de los cuales tres de ellos son independientes y uno de ellos tiene 16 años de edad; la socia tiene un pequeño abarrotes, ella vende todo tipo de productos desde los de primera necesidad, hasta las gaseosas y cervezas, la socia desea el préstamo para poder invertir en la compra de productos como arroz, azúcar, fideos, harinas y de este modo implementar su negocio. La socia solicita el préstamo para invertir en la compra de productos de primera necesidad.

La socia está muy agradecido 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

  • $6,715
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $56,733,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Pilar to buy basic groceries to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011