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Anonymous
This borrower is a member of the 'Madres Trabajadoras' community bank which is located in Cusco district, in Cusco province and department.

The borrower is 56 years old, lives with her partner, and has three children. She divides her time between her daily activities and her dressmaking business. She also sells sweaters. She sews pants, blouses and skirts and also knits sweaters which she sells independently. Through these businesses, she gets her children ahead in life. The borrower would like to improve and expand her dressmaking business and her sweater business. she is requesting this loan to buy materials such as threads and yarn with which to sew and knit sweaters and pants. She is happy to be receiving the loan and pledges to make her repayments on time.
View original language description ↓
La socia pertenece al banco comunal “MADRES TRABAJADORAS”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia tiene 56 años de edad y es conviviente y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de costurera y también vende chompas, la socia cose pantalones, blusas y faldas y también teje las chompas y lo vende en forma independiente, por medio de estos negocios la socia saca adelante a sus hijos, la socia quiere mejorar y ampliar el negocio de costurera y venta de chompas. La socia solicita el préstamo para comprar materiales como hilos y lanas para coser y tejer las chompas y pantalones.

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
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,822,975
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped this borrower to buy materials such as threads and yarn to sew and knit sweaters and pants.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011