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Anonymous
This borrower is a member of the "Liderando Las Palmeras" community bank which is located in Cusco district, in Cusco province and department.

The borrower is 56 years old, separated, and has one child. She divides her time between her daily activities and her business selling handicrafts. She buys all kinds of handicrafts such as sweaters, sugar bowls, dolls, jackets, etc. She distributes her products in different places that sell handicrafts. Through this business, she gets her son ahead in life. The borrower would like to expand and improve her handicrafts business. She is requesting this loan to buy handicrafts wholesale.

The borrower 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 “LIDERANDO LAS PALMERAS”; 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 separada y tiene 1 hijo; La socia alterna sus actividades diarias con el negocio de venta de artesanía, ella compra todo tipo de artesanía como chompas, azucareras, muñecas, chalinas entre otros tipos de artesanía, ella lo distribuye a distintos lugares que venden artesanía, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio de venta de artesanía. La socia solicita el préstamo para comprar artesanía al por mayor.

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

  • $12,000
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped this borrower to buy handicrafts wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 7, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011