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Luisa
We met Mrs. Luisa in the town on Kiteni, Quillabamba district, province of La Convención, Cuzco, and she told us:


"I was born in the city of Quillabamba. I am 52 years old and have five children. Now I live in the city of Kiteni and this is where I work selling fruit and raising small animals".


Luisa is a hard-working and enterprising lady who works to help her family get ahead. She heard from some friends about a financial organization that provides micro-loans to invest in businesses and, without giving it another thought, she decided to join the Choclo de Oro de Kiteni (Ketini's Golden Corn) community bank. The Arariwa Association chose to form the community bank because it trusts the members. Luisa asked for a loan to invest in her business raising chickens.

View original language description ↓
En el centro poblado menor de Kiteni, distrito de Quillabamba, provincia de La Convención, en el Cusco conocimos a la señora Luisa y nos cuenta:

“Nací en la ciudad de Quillabamba, tengo 52 años edad, tengo cinco hijos y ahora vivo en la ciudad de Kiteni y donde desarrollo mis actividades económicas que son: venta de frutas y crianza de animales menores”.

Luisa es una mujer luchadora y emprendedora que saca adelante a su familia, ella escucho por unas amigas que hay una entidad financiera que presta microcréditos para invertir el dinero en el negocio y entonces sin más que pensar decidió participar del nuevo banco comunal “Choclo de Oro de Kiteni”.

La Asociación Arariwa decidió conformar el banco comunal porque confía en las personas y ella accede al préstamo para invertir en el negocio de crianza de pollos.

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
  • 75
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Luisa invest in her business to raise chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012