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Anonymous
This borrower belongs to "La Amistad de Ollantaytambo" community bank which is located in Ollantaytambo district, in Urubamba province, in Cusco department.

The borrower is 53 years old, married, and has four children. She divides her time between her daily activities and her grocery store business where she sells basic household products such as rice, sugar, milk, noodles and oil. In addition, she also sells handicrafts as an itinerant vendor. Through these small businesses, she gets her children ahead in life. The borrower would like to expand and improve both her grocery store business and her business selling handicrafts. She is requesting this loan to buy handicrafts such as dolls, sweaters, tops and pants. She will also buy sugar, milk, noodles and oil to stock her grocery store.

The borrower is happy to be receiving her loan and pledges to make her repayments on time.
View original language description ↓
La socia pertenece al banco comunal “LA AMISTAD DE OLLANTAYTAMBO”; El banco está ubicado en el distrito de Ollantaytambo, perteneciente a la provincia de Urubamba, y departamento de Cusco.

La socia tiene 53 años de edad y es casada y tiene 4 hijos; La socia alterna sus actividades diarias con el negocio de tienda de abarrotes, ella vende productos de primera necesidad como arroz, azúcar, leche, fideos y aceite y también vende la socia artesanía en forma ambulatoria, por medio de estos pequeños negocios la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio de venta de productos y venta de artesanía. La socia solicita el préstamo para comprar artesanía como muñecas, chompas, polos y pantalones y también comprar azúcar, leche, fideos y aceite para implementar la tienda de abarrotes.

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
  • 65
    View loans »
    Peru Loans Fundraising
  • $54,533,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped this borrower to buy handicrafts such as dolls, sweaters, tops and pants. She will also buy sugar, milk, noodles and oil to stock her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011