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Ubaldina
Ubaldina, 68, is a member of the “SEÑOR D. QOYLLORITY D. LUCRE” communal bank. She lives in Lucre District in Quispicanchis Province, Cusco Department.

She is married and has 8 children of which only a 30-year-old son still lives with her. She has a stand in the market. She buys beef at wholesale and sells it at retail in the market. She also sells vegetables. She needs the loan to use as business capital, which means she’ll buy two whole slaughtered cows that she, herself, will butcher to sell. She also plans to buy lamb and increase the vegetables for her business. She is asking for the loan to buy beef and vegetables.

She values and is infinitely grateful for the granted loan which makes it possible for her business to grow and her quality of life to improve. At the same time she commits to pay her installments in a timely fashion.
View original language description ↓
La socia pertenece al banco comunal “SEÑOR D. QOYLLORITY D. LUCRE”; La socia vive en el distrito D. Lucre en la provincia D. Quispicanchis, departamento del Cusco.

La socia Ubaldina tiene 68 años D. edad y La socia es casada, la socia tiene 8 hijos D. los cuales solo está con ella uno D. sus hijos D. 30 años; la socia tiene un stand en el mercado ella compra al por mayor carne D. vacuno y lo venD. al por menor en el mercado, la socia también venD. verduras, la socia requiere el crédito para poder hacer D. el un capital D. negocio esto significa ella con el crédito comprara 2 vacas enteras muertas, la socia ya se encargara D. trozarlas para la venta, ella también desea comprar carne D. cordero y aumentar verduras para su negocio. La socia solicita el préstamo para invertir en la compra D. carne D. vacuno y verduras para implementar su negocio.

La socia valora y agradece infinitamente el crédito otorgado ya que este le permite crecer con su negocio y mejorar su calidad D. vida, así mismo se compromete a cumplir con el pago D. sus cuotas en el plazo estipulado.

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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
  • 72
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ubaldina to buy beef and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011