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Maria Luisa
Maria Luisa has a business selling cheese. She purchases the cheese from local producers near her hometown and then brings it to Macchu Picchu to sell. Macchu Picchu is the famous Incan citadel located several hours away from Maria Luisa's hometown. The ancient ruins attract many tourists throughout the year, ensuring that Maria Luisa will be able to find customers in the busy community that has sprung up around the area. A loan will help Maria Luisa purchase more cheese at wholesale prices.

Maria Luisa is receiving an individual loan as a member of the village bank “Solidaridad-Ccachimayo,” which is in its 17th cycle with Asociación Arariwa.

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
  • 127
    View loans »
    Peru Loans Fundraising
  • $56,132,500
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Maria Luisa to buy cheese at wholesale prices.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2012
Listed
May 4, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012