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Mery Luz
This member is Mery who belongs to the 'Sol Naciente' community bank in the city of Cusco, Peru. She continues buying and selling handicrafts wholesale and this business allows her to provide for her family. She will invest the loan she has requested in buying merchandise and exporting her products to foreign markets.

Mery is very grateful to Kiva for helping her to remain in her business and support her family. She is grateful for the loan and pledges to make her repayments on time.
View original language description ↓
Nuestra socia es la señora Mery, ella pertenece al banco comunal “Sol Naciente” de la ciudad del Cusco - Perú, nuestra socia sigue dedicándose a la compra y venta de productos de artesanía al por mayor, y es esta actividad la que le permite sacar adelante a su familia, por ello invertirá el préstamo solicitado para comprar mercadería y exportar sus productos a mercados extranjeros.
Mery está muy agradecida con KIVA por permitirle mantenerse en su actividad y apoyando a su familia.
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

  • $6,715
    Average annual income
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Mery Luz to buy handicrafts wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012