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Higidia
Our member belongs to the CRISTO ASENCION DE RUMICHACA community bank in Urubamba, a province in the Peruvian "departamento" of Cusco.

She operates a clothes-making business. She makes suits, pants and blouses, to order. She normally works from 8:00 in the morning to 6:00 in the evening. The business is her means of supporting herself and getting ahead in the world. She says that her goal is to expand her business and that she will use this loan to buy the supplies that she needs--cloth, thread, buttons, etc.--to grow.

She says, too, that she is grateful for your help and committed to repaying your loans in the agreed-upon time.
View original language description ↓
La socia pertenece al banco comunal “CRISTO ASENCION DE RUMICHACA”; El banco está ubicado en el distrito de URUBAMBA, perteneciente a la provincia de URUBAMBA, y departamento de Cusco.

La socia alterna sus actividades diarias con el negocio de taller de confecciones, ella confeccionan pantalones, blusas y ternos a pedido del público en general, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m, por medio de este negocio la socia quiere salir adelante, la socia quiere ampliar el negocio de taller de confecciones. La socia solicita el préstamo para comprar materiales para confeccionar como tela, hilos y cierres.

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

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Higidia to buy materials for her clothes-making business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013