The member is Señora Elizabeth. She is 28 years old, is married and has 2 children. The member alternates her daily activities with her business of raising small livestock like chickens, guinea pigs and pigs. She then sells them to different places like the markets in the city of Cusco. Through this business she is able to help her children get ahead. The member wants to expand her house and finish the construction on it. She is requesting a loan to buy construction materials such as cement, bricks and plaster to build her house.
The member is happy about the loan and she is committed to making the payments.
La socia es la Sra. Elizabeth; ella tiene 28 años de edad y es casada y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio de crianza de animales menores como pollos, cuyes y chanchos y luego los vende en las diferentes lugares como ferias en la ciudad de Cusco, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar y terminar de construir su casa. La socia solicita el préstamo para comprar materiales de construcción como cemento, ladrillos y yeso para construir su casa.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Important InformationAbout 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid