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Mercedes
M. is a member of the communal bank "Virgen Guadalupe – Cusco" (Our Lady of Guadalupe – Cusco). This bank is located in the district of Cusco, belonging to the province of Cusco and the department of Cusco.

Señora M. is 45 years old, lives in a common-law marriage and is the mother of two children. She alternates her daily activities between her photocopy business, where she makes photocopies and provides typing services, and her job at a bookstore, where she works from 8 am to 8 pm. M. wants to expand and improve her photocopy business. She applies for a loan to service the photocopier and buy paper.

M. thanks for the loan and promises to comply with the repayment schedule.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN GUADALUPE-CUSCO”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco

La socia es la Sra. M.; ella tiene 45 años de edad y es conviviente y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio de fotocopiadora donde realiza trabajos de fotocopias y tipeos y también la socia trabaja en una librería desde las 8:00 a.m hasta las 8:00 p.m, la socia quiere ampliar y mejorar el servicio de fotocopiadora. La socia solicita el préstamo para el mantenimiento de la maquina fotocopiadora y para comprar papeles.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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
  • 128
    View loans »
    Peru Loans Fundraising
  • $56,119,825
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mercedes to service her photocopier and buy paper.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011