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Francisca
This borrower belongs to the "Virgen Asunta de Racsa" communal bank, located in the district, province, and department of Cusco.

This borrower is Ms. Francisca. She is 38 years old, in a common-law marriage, and has two children. She divides her time between her daily activities and a business selling potatoes. She has a stand in the Huancaro market, called "Virgen Asunta de Racsa." Francisco works from 7:00 AM until 6:00 PM. This business is how she has helped her children to get ahead. This borrower is requesting a loan to buy potatoes wholesale.

Francisco is happy to receive this loan and she promises to make all of her repayments.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN ASUNTA DE RACSA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Francisca; ella tiene 38 años de edad y es conviviente y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio de venta de papa, ella tiene un puesto de venta de papa en el mercado de Huancaro llamado Virgen Asunta de Racsa, la socia trabaja desde las 7:00 a.m hasta las 6:00 p.m, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere mejorar y ampliar el negocio de venta de papa. La socia solicita el préstamo para comprar papa al por mayor.

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
  • 54
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Francisca to buy potatoes wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011