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Sonia Margot
Sonia, 28, was born in the Peruvian city of Cusco. She and her partner have two children. She now lives in the city of Urubamba where she operates her kiosk business. She sells snacks, soft drinks, etc. She has operated the business for six years and says that she is happy with her progress. She will use this loan to buy merchandise for resale: crackers, soft drinks, pastries, gum, candy and other general merchandise.

The Senor de los Milagros de Urubamba community bank meets every thirty days in the city of Urubamba (Peru). The region is famous for its traditional Inti Raymi festival and for Machu Piccu, one of the seven wonders of the world.
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Sonia nació en la ciudad del Cusco (Perú) y tiene 28 años de edad. Ella tiene una relación de unión libre de la cual tiene dos hijos. Actualmente, ella vive en la ciudad de Urubamba y donde realiza sus actividades. Ella se dedica a la venta de golosinas, gaseosas en su propio kiosco. Ya son seis años que se dedica a este negocio y le va muy bien. El crédito que requiere Sonia es para comprar mercadería como por ejemplo galletas, gaseosa, pasteles, chicles, caramelos y otras cosas más.

El Banco Comunal “Señor de los Milagros de Urubamba” se reúne cada treinta en la ciudad del Urubamba (Cusco, Perú). Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 97
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Sonia Margot to buy merchandise for her retail business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2011
Listed
Aug 27, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012