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Ruth
Ruth was born in the province of Cusco in the south of Peru. She has four children. For the last fifteen years she has lived in the town of Calca where she earns her living renting out rooms in her house.

Ruth and her son Yiukyo are planning to open a restaurant serving traditional food. For this reason Ruth requires a loan to set up the restaurant; she wishes to buy dishes, cutlery, etc.

The Milenium III Comunity Bank meets every month in Calca in the department of Cusco, Peru. The town is known for its tourist areas, its commerce, and its traditional festival Inti Raymi. As well it is the home of one of the seven wonders of the world, Machupicchu.
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Ruth nació en la provincia del Cusco por el sur del Perú y tiene cuatro hijos.

Ruth radica desde hace 15 años en la ciudad de calca y donde realiza sus actividades económicas, ella se dedica a alquilar dormitorios de su casa.

Ruth y su hijo Yiukyo piensan abrir un restaurante para ofrecer comidas típicas de la región y por lo tanto ella requiere el préstamo para implementar el local y desea comprar platos, cubiertos y otras más.

El Banco Comunal “Milenium III” se reúne cada treinta en la ciudad de Calca del departamento del Cusco (Perú). Cusco es conocido por ser una zona muy turística, comercial y por su fiesta tradicional del Inti Raymi y también 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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,063,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Ruth to buy dishes, cutlery etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012