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Raquel Yres
Raquel belongs to the village bank "Los Lideres" [The Leaders] in the city of Cusco, Peru. She sells basic goods in a grocery store that she opened after a lot of hard work. She has been doing it for a long time now and it allows her to get her family ahead. On this occasion, Raquel is investing the requested loan in the purchase of products like rice, sugar, noodles, milk, oil, drinks, etc to be able to capitalize on her business.

Raquel is very grateful to Kiva for allowing her to give a better quality of life to her family and helping to maintain and develop her economic activities to give her children, who still depend on her, a better education.

She is grateful for the loan and promises to make her payments according to the repayment plan.
View original language description ↓
Nuestra socia es la señora Raquel, ella pertenece al banco comunal “Los Lideres” de la ciudad del Cusco – Perú. Nuestra socia se dedica a vender productos de primera necesidad en una tienda de abarrotes la cual abrió con mucho esfuerzo, actividad que viene realizando hace mucho tiempo y que le permite sacar adelante a su familia. Raquel en esta oportunidad invertirá el préstamo solicitado para comprar productos como arroz, azúcar, fideos, leche, aceite, bebidas etc. para pode capitalizar su negocio.
Raquel está muy agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y ayudarla a mantener y desarrollarse en sus actividades económicas para dar una mejor educacion a sus hijos aue aun dependen de ella.
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
  • 82
    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 Raquel Yres to buy merchandise like rice, sugar, noodles, milk, oil and drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012