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Martha
Martha was born in Quillabamba (Cusco, Peru). She is 40 years old and she is a very happy and hardworking woman. She lives in a house which she owns together with her partner Isaac and their only son. He is the motivation for all of their efforts. The green fields of the community of Chichubamba, located in Valle Sagrado de los Incas, is where Martha currently lives and in life it has been a most pleasant place for her to work.

When she was very young her parents taught her this business and today she has her own fields where she works together with her partner. With a great deal of care they cultivate flowers, such as roses, chrysanthemums, carnations, and other flowers. what she most enjoys about her work is to harvest the fields because this is when she feels that her arduous work has been a great investment. She has been in the business for several years and she considers the most difficult part to be the transportation of the harvest to the collection centers in the cities of Urubamba and Cusco. Martha requests a loan to carry out one of her plans, which is to extend her flower plantation because her plants obtain the best price in the market. With time she hopes to save enough money to start a lumber yard. She has the obligation to make her payments on time and she is ready to do so if she wants to have another loan. She is thankful to the organization for granting her this loan. With the 1200 nuevos soles she will purchase seeds to increase production.
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Martha nació en Quillabamba (Cusco, Perú), tiene 40 años, es una mujer muy alegre y trabajadora, vive en su casa propia junto a su pareja Isaac y su único hijo, quien es el motivo de todos sus esfuerzos. Los verdes campos de la comunidad de Chichubamba, ubicado en la Valle Sagrado de los Incas donde actualmente vive, han sido en la vida de Martha un lugar muy agradable para trabajar. Desde muy pequeña sus padres le enseñaron esta labor y ahora ella tiene sus propias tierras en las que trabaja junto a su pareja, que con mucho esmero siembran flores como por ejemplo rosas, crisantemos, claveles y otras flores. Lo que más le gusta de su trabajo es cosechar sus tierras, ya que así siente que su arduo trabajo ha sido de mucho provecho. Lleva varios años realizando esta actividad y considera que lo más difícil es transportar sus cultivos hasta los centros de acopio situados en las ciudades de Urubamba y Cusco. Martha solicita el préstamo para realizar unos de sus planes, que es extender la siembra de flores, por ser una de sus plantas que mayor precio tiene en el mercado. Con el tiempo, espera juntar el dinero suficiente para abrir una maderera. Ella tiene la obligación de pagar sus aportes puntualmente y está dispuesta a hacerlo si desea acceder a otro crédito. Agradece a la institución por concederle el préstamo. Con los 1,200 nuevos soles, comprará semillas y así aumentar su producción.

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
  • 86
    View loans »
    Peru Loans Fundraising
  • $55,213,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Martha to purchase seeds to increase production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2011
Listed
May 19, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011