Check out some available loans that are similar to this one!
Introducing Teresa, a member of ”REYNITA DE BELEN DE CCORA, a Communal Bank located in the Ccorao district, Cala province and Cusco department.
Teresa is 56 years old, she is married and she has 5 children, who are all economically independent. She engages in buying and selling small animals. She buys “cuyes” (“cuy” is Quechua for Guinea pig) at wholesale prices, she breeds them and then she sells them to her customers. She is requesting a loan to invest it in the wholesale purchase of cuyes, and she will start by buying 200 cuyes. She would like to increase her business, in which she buys and sells cuyes that procreate and mature every two to four months.
She is grateful for this loans and she commits to complying with repaying her dues in accordance with her repayment schedule.
View original language description ↓
La socia pertenece al banco comunal ”REYNITA DE BELEN DE CCORAO; El banco comunal se encuentra ubicado en el distrito de Ccorao en la provincia de Calca y departamento de Cusco.
La socia es la Sra. Teresa; La socia tiene 56 años de edad, La socia es casada, La socia tiene 5 hijos; los cuales son independientes todos ellos; La socia trabaja comprando y vendiendo animales menores, la socia compra cuyes al por mayor, los cría y los vende entre sus clientes, la socia desea el préstamo para invertir en la compra de cuyes al por mayory menor, la socia comprara 200 cuyes para empezar de nuevo ya que desea incrementar nuevamente su negocio y ella compra y los vende por esta razón la socia desea nuevamente comprar la cantidad de cuyes mencionados para que se procreen y maduren los que comprara y los vende y así es cada 2 o 4 meses.
La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

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
  • 114
    View loans »
    Peru Loans Fundraising
  • $60,083,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Teresa to invest it in the wholesale purchase of 200 cuyes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Dec 12, 2011
Currency Exchange Loss:
Jun 15, 2012