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Nicolasa
This member belongs to Las Flores de Yanacona communal bank, which is located 10 minutes from the city of Urubamba in the department of Cusco.

Nicolasa is 42 years old, married and has 3 children, ages 22, 18 and 16. She owns and runs a grocery store, where she sells rice, noodles, canned milk and oil, among other items. She will use her loan to purchase merchandise like rice, sugar, noodles, milk, boiled corn and other items, such as eggs and cookies. She will purchase these products and then sell them.

She is grateful for and appreciates the loan provided and is committed to continue making her payments on time.
View original language description ↓
La socia pertenece al Banco Comunal “LAS FLORES DE YANACONA”; Situado a 10 minutos del mismo poblado de Urubamba, perteneciente al Departamento de Cusco.
La socia Nicolasa; tiene 42 años de edad, es casada, tiene 3 hijos de22, 18, 16 años de edad, La socia se dedica a la atención de su tienda de abarrotes, la socia tiene sus propia tienda en la cual vende arroz, fideos, leche enlatados, aceite entre otros, la socia desea invertir el crédito en la compra de productos de abarrotes, como arroz, azúcar, fideos, leche, mazamorras, y otros productos, como huevos y galletas. La socia solicita el préstamo para invertir en al compra de productos de abarrotes para la venta.
La socia agradece y valora el préstamo otorgado y se compromete a seguir cumpliendo de manera disciplinada el pago de las cuotas mensuales.

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
  • 89
    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 $925 helped Nicolasa to purchase grocery merchandise to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2011
Listed
Sep 21, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012