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Irene
The member, Irene, belongs to the Reyna de Los Angelos de Urquillos Communal Bank, located in the district of Urquillos, province of Calca, department of Cusco. She is a 70 year old widow and has five children. She is an artisan and sells her products in Pisac and Ollantaytambo. She makes blankets, dolls, pants, sweaters, pencil holders, and other small crafts. She is requesting the loan to purchase materials in order to continue creating her products. She will buy alpaca wool, synthetic sheep wool, buttons, covers for the dolls’ bodies, paintbrushes, needles, thread, and other materials. Irene is happy to be receiving the loan and promises to make her payments on time.
View original language description ↓
La socia pertenece al banco comunal “REYNA DE LOS ANGELES DE URQUILLOS”; El banco está ubicado en el distrito de Urquillos, perteneciente a la provincia de Calca y departamento de Cusco.
La socia es la Sra. Irene tiene 70 años de edad y es viuda y tiene 5 hijos la socia se dedica a la artesanía y lleva a vender sus productos al poblado de Pisac, Ollantaytambo, ella realiza con mantas muñecas, pantalones, chompas, porta lapiceros entre otros pequeños trabajos. La socia desea invertir en la compra de materiales para seguir elaborando sus productos, ella comprara lanas de alpaca, oveja, sintética, botones, forro para el cuerpo de los muñecos, pinceles, agujas, hilos entre otros.
La socia está feliz por el préstamo y se compromete a cumplir con los 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
  • 67
    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 $750 helped Irene to purchase materials in order to continue creating her products. She will buy alpaca wool, synthetic sheep wool, buttons, covers for the dolls’ bodies, paintbrushes, needles, thread, and other materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012