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Francisca
Francisca belongs to the “QORIMANCACHA” communal bank, which is located in the Cusco district, within the province and department of the same name.

Francisca is 52 years old, married, and has 4 children. She splits her daily activities with her grocery store business, where she sells rice, sugar, oil, milk, and noodles. She works from 8:00 a.m. until 10:00 p.m. She is able to help her children get ahead through her business, which is why she would like to expand it.

Francisca will use the loan to buy wholesale rice, sugar, milk, and noodles. She is happy to have the loan and is committed to making all of her payments.
View original language description ↓
La socia pertenece al banco comunal “QORIMANCACHA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Francisca; ella tiene 52 años de edad y es casada y tiene 4 hijos; La socia alterna sus actividades diarias con el negocio de tienda de abarrotes, la socia vende arroz, azúcar, aceite, leche y fideos, la socia trabaja desde las 8:00 a.m hasta las 10:00 p.m, por medio de este negocio saca adelante a sus hijos, la socia quiere ampliar el negocio de tienda de abarrotes. La socia solicita el préstamo para comprar arroz, azúcar, leche y fideos 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

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Francisca to buy wholesale rice, sugar, milk, and noodles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 10, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012