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Maria
María, 48, belongs to the “Virgen del Carmen de Calca” communal bank located in Calca District belonging to Calca Province and Cusco Department. She works as an elementary school teacher from 8am until 6pm and she has ten years’ experience in this occupation. Her dream is to own a school. She’s asking for the loan to pay for her son’s schooling; he’s in secondary school. She is happy about the loan and commits to make her installment payments.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN DEL CARMEN DE CALCA”; El banco está ubicado en el distrito de Calca, perteneciente a la provincia de Calca y departamento de Cusco.

La socia Maria tiene 48 años la socia trabaja como profesora del nivel primario,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia ya tiene 10 años en este trabajo,el sueño de la socia es tener un colegio.La socia solicita el credito para pagar estudio de su hijo que esta en el colegio.

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria to pay her son's schooling costs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012