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Rosario
Rosario belongs to the “Kanchary" communal bank. The members live in the Cusco district, which is part of the province and department of Cusco.

Rosario is 46, single, and has one son. In addition to her daily activities, she has a business selling jewellery and crafts. She sells necklaces, earrings, and bracelets. She sells on her own from 8:00am to 7:00pm, and by means of this business, she is raising her child.

She wants to expand the business of selling jewellery and crafts. She is asking for the loan in order to buy at wholesale: necklaces, bracelets, earrings, and crafts such as sweaters, polo shirts, pants, and dolls. She is happy to get the loan, and promises to make her instalment payments.
View original language description ↓
La socia pertenece al banco comunal “KANCHARY”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Rosario; ella tiene 46 años de edad y es soltera y tiene 1 hijo; La socia alterna sus actividades diarias con el negocio de venta de joyería y artesanía, ella vende collares, aretes y pulseras, ella vende en forma independiente desde las 8:00 a.m hasta las
7:00 p.m, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar el negocio de venta de joyería y venta de artesanía. La socia solicita el préstamo para comprar collares, pulseras, aretes y artesanía como chompas, polos, pantalones y muñecas 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
  • 131
    View loans »
    Peru Loans Fundraising
  • $57,388,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosario to buy at wholesale: necklaces, bracelets, earrings, and crafts such as sweaters, polo shirts, pants, and dolls.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Oct 6, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012