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Maria Elena
Sra. Maria Elena is a member of the Communal Bank “Santo Domingo” which is located in the District, Province, and Department of Cusco.


She is 48 years old, single, and has three children. Maria Elena divides her time between her daily activities and her restaurant business. She prepares different foods, such as soups and entrees. Maria Elena works from 7am to 9pm. Through her business, she is able to help her children move forward. She wants to expand her restaurant, so she is requesting a loan to buy rice, meat, chicken, vegetables, sodas, and beer in bulk.


Maria Elena is happy with the loan and promises to complete her payments.

View original language description ↓
La socia pertenece al banco comunal “SANTO DOMINGO”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Maria Elena; ella tiene 48 años de edad y es soltera y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de restaurant, ella prepara diferentes platos de comida como sopas y segundos, ella trabaja desde las 7:00 a.m hasta las 9:00 p.m, por medio de estos negocios la socia saca adelante a sus hijos, la socia quiere ampliar el negocio de restaurant. La socia solicita el préstamo para comprar arroz, carne, pollo y verduras y también para comprar gaseosas y cervezas 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
  • 82
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    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 Maria Elena to buy rice, meat, chicken, vegetables, sodas, and beer in bulk.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 9, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011