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Olinda
Olinda, age 30, lives with her partner and has two children aged eight and four. She is member of the communal bank “VIRGEN ESTRELLA DE OROPESA”; the bank is located in the Oropesa settlement of the Quispicanchis province, which is part of the department of Cusco.

Olinda divides her time between her household work and her bread baking business; she rents a space where she does her baking work. Olinda is seeking a loan to purchase supplies such as flour, yeast, and other items. She is very grateful for the loan and is committed to repaying it in the timely manner.
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La socia pertenece al banco comunal “VIRGEN ESTRELLA DE OROPESA”; Este banco está ubicado en el poblado de Oropesa, provincia de Quispicanchis y departamento de Cusco.

La socia es la Sra. Olinda; es conviviente; la socia tiene 30 años de edad; la socia tiene 2 hijos de (8, 4) años de edad, la socia alterna sus actividades del hogar con la administración y elaboración de panes, la socia alquila un local para poder elaborar los panes, la socia requiere el préstamo para comprar harina, levadura y otros insumos; la socia solicita el préstamo para comprar insumos.

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
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Olinda to purchase supplies for a bakery (flour, yeast, etc).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011