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Marlene
This member belongs to the Los Solidarios Communal Bank. This bank is located in the district of Urubamba, which belongs to the province of Urubamba in the department of Cusco.

She works at a business that sells craftwork. She does her own craftwork, making things such as jewels, blankets, and ceramics. She works from 8:00 a.m. until 6:00 p.m. Through this business, this member gets her children ahead. Her dream is to have a place of her own where she can sell craftwork. She is asking for this loan to buy a sound system for her home.

She is happy about the loan and promises to make her payments on time.
View original language description ↓
La socia pertenece al banco comunal “LOS SOLIDARIOS”; El banco está ubicado en el distrito de Urubamba, perteneciente a la provincia de Urubamba y departamento de Cusco.

La socia trabaja en una empresa donde vende artesanias,la socia hace trabajos de artesanias como joyas,mantas y ceramicas,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender artesania.La socia solicita el credito para comprar un equipo de sonido para su casa.

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

  • $6,715
    Average annual income
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,823,625
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Marlene to buy a sound system for her home.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 20, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012