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Gloria Elena
Gloria belongs to the "Siempre Unidos" (Always United) communal bank, located in the Virgen Asunta market in the district of Huanchac, in the Province and Department of Cusco. Gloria is 50, married and works in the city hall in administration.

She has been a member of the communal bank for 13 years, and alongside her duties in the city hall, she has a store selling tires. She distributes to her various customers on credit. She has a sister in Lima who sends her the merchandise. She wants the loan to buy tiles at wholesale in order to sell them in her business.

She is grateful for the support that she receives, and is committed to making her instalment payments on a regular basis.
View original language description ↓

La socia pertenece al banco comunal “SIEMPRE UNIDOS ” el banco se encuentra ubicado en el Distrito de Huanchac, en el mercado Virgen Asunta en la Provincia de Cusco y Departamento de Cusco.

La socia Gloria tiene 50 años de edad, la socia es casada; la socia trabaja en el municipio en el área administrativo, ella es miembro del banco comunal desde hace 13 años y paralelamente a su desempeño en la municipalidad la socia tiene una tienda de venta de losetas, ella distribuye a sus diversos clientes al crédito, la socia tiene en Lima a su hermana la cual le envía la mercadería, la socia desea el crédito para invertir en la compra de locería para implementar su negocio. La socia solicita el préstamo para comprar lozas al por mayor.

La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $55,209,625
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Gloria Elena to buy tiles at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012