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Rocio
Rocio belongs to the “Reyna de los Angeles de Urquillos" communal bank, located in Cusco district, which is part of Cusco province in Cusco department.

She is 31, married, and has three children. She alternates her daily activities with her bakery business. She sells breads and pastries in her bakery, and works from 6:00am to 7:00pm. By means of this business, she is raising her children. Her dream is to expand her bakery business.

She is applying for the loan in order to buy ingredients at wholesale for preparing breads and pastries, such as flour, sugar, butter and eggs.

The borrower is happy about the loan, and promises to make her installment payments.
View original language description ↓
La socia pertenece al banco comunal “REYNA DE LOS ANGELES DE URQUILLOS”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Rocio; ella tiene 31 años de edad y es casada y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de panadería, la socia vende panes y pasteles en su panadería, la socia trabaja desde las 6:00 a.m hasta las 7:00 p.m, por medio de este negocio la socia saca adelante a sus hijos, el sueño de la socia es ampliar el negocio de panadería. La socia solicita el préstamo para comprar insumos para preparar los panes y pasteles como harina, azúcar, mantequilla y huevos 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
  • 84
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rocio to buy at wholesale, ingredients for making breads and pastries, such as flour, sugar, butter and eggs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012