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Sofia
Sofia is 47 years old, married and has 7 children. Sofia's principal economic activity is selling meals in one of the city markets. She has been doing this for many years and has gained much experience in the food business. Sofia needs a loan very much to enhance her business and, thus, to be able to earn more money and install her own restaurant.

Sofia belongs to the "Senor de los Temblores II" (Lord of the Earthquakes II) Communal Bank in the city of Cusco, Peru.
View original language description ↓
La señora Sofía tiene 47 años de edad, está casada y tiene 7 hijos. La actividad económica principal de Sofía es la venta de comida en uno de los mercados de la ciudad, actividad que realiza hace muchos años y que le ha dado mucha experiencia en el rubro de los alimentos.
La señora Sofía necesita mucho hacer un préstamo para poder implementar su negocio y así poder juntar dinero para poner su propio restaurante.
Sofía pertenece al Banco comunal “Señor de los Temblores II” de la ciudad del Cusco - Perú.

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
  • 75
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Sofia buy furnishings and supplies for her business, including plates, glasses, and chairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012