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Monica
Member Monica was born in the city of Cusco. She is 25 years old and has a son. She is a teacher and works in a Cusco city school. She has been teaching at the primary level for four years now and it is going very well. She also works selling cosmetics. In this opportunity, Monica needs the loan to buy more perfumes and earrings.

Monica belongs to the communal bank "Unión Latina" and it is going very well for her given that she is a responsible and punctual person.
View original language description ↓
La socia Mónica nació en la ciudad de Cusco, ella tiene 25 años de edad y tiene un hijo, ella es profesora y trabaja en un colegio de la ciudad del Cusco. Ya son cuatro años que enseña en el nivel primario y le va muy bien, ella también se dedica a la venta de cosméticos. En esta oportunidad la socia Mónica requiere el préstamo para comprar más perfumes y aretes.

La socia pertenece al banco comunal “Unión Latina” y le va muy bien pues es una persona responsable y puntual.

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
  • 81
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Monica to buy more perfumes and earrings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013