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María Carmen
Maria is 72 years old and married with five children, all of whom are professionals and have moved out of the house. She is the owner of a small restaurant that sells typical Peruvian food such as "arroz con pollo", "lomo saltado", and "sopas". She is asking for a loan in order to expand her kitchen and purchase another oven. She plans to buy cement and other construction materials to expand her kitchen. She has had her restaurant for 16 years and has been very successful. 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

  • $12,000
    Average annual income
  • 107
    View loans »
    Peru Loans Fundraising
  • $59,068,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped María Carmen to buy cement and other materials to expand her restaurant kitchen and to purchase another oven.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 22, 2011
Aug 2, 2011
Currency Exchange Loss:
Dec 15, 2011