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Anonymous
This woman belongs to La Amistad de Ollantaytambo Community Bank located in Ollantaytambo district, Urubamba province, in the department of Cusco. She is 49 years old, married, and has three children, all of them independent.

She runs a restaurant in the town of Ollantaytambo. It’s a lovely town, full of culture, and many tourists visit there daily. They come to enjoy the beautiful scenery and the nearby ruins. The town is considered by many to be a museum because local people live in the very same houses once inhabited by Incas, and they keep many of the same traditions. This woman is very proud of her origins.

She opened her restaurant four years ago and administers it herself as well as personally looking after her customers. She takes charge of almost everything with help from her children and husband.

She would now like to borrow money to buy supplies in daily use such as rice, oil, potatoes, and meat in quantity and at wholesale prices. The savings will make her restaurant more profitable. She is very satisfied and grateful for the loan and promises to pay it back according to the schedule.
View original language description ↓

La socia pertenece al Banco Comunal “LA AMISTAD DE OLLANTAYTAMBO”; El banco pertenece al distrito de Ollantaytambo, Provincia de Urubamba, departamento de Cusco.

La socia; la socia tiene 49 años; la socia es casada y tiene 3 hijos, los hijos de la socia son todos independientes, La socia se dedica a la atención de sus restaurante la socia tiene un restaurante en el poblado de Ollantaytambo, este pueblo es muy bonito y lleno de cultura, a este poblado llegan todos los días muchos turistas, los cuales hacen una parada para apreciar todo el paisaje natural y el complejo de Ollantaytambo, este pueblo es considerado por muchos un pueblo museo porque en las mismas casas inkas viven los lugareños y conservan mucho de la tradición inka. La socia muy orgullosa de su origen ha puesto hace 4 años atrás un restaurante el cual lo administra personalmente y atiende a todos sus comensales, la socia se encarga de casi todo con la ayuda de sus hijos y esposo. La socia en esta ocasión desea invertir el crédito en la compra de productos de primera necesidad los cuales ella usa a diario como son arroz, aceite, papas, carne y los comprara al por mayor en sacos y le será más rentable de este modo ella economizara.

La socia se muestra muy satisfecha y agradecida por el apoyo que se le brindara mediante este medio y se compromete a cumplir con el pago de sus deudas en el plazo establecido.

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped this borrower to buy supplies such as rice, oil, potatoes, and meat for her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011