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Ines Milagros
Ines Milagros is 33 years old and married with three children. She rents a small stand in a market in which she sells different kinds of pastries such as sweet breads and small cakes. Her specialty is arroz con leche (a rice pudding) which she also sells at her stand.

Ines Milagros is asking for a loan so that she may buy more ingredients to make pastries. Specifically, she plans to purchase sugar, flour, and oil. She works everyday from 6am to 6pm selling her pastries. She is committed to making all of the necessary loan payments on time.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,753,850
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ines Milagros to buy sugar, flour, and oil to make pastries.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011