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Ruth Elizabeth
Ruth, 37, is married and has two children. She lives in the city of Cusco’s Santiago district. She works as a hotel housekeeper but also manufactures silver and stoneware jewelry. Ruth needs to increase her jewelry production to fill customer orders which is why she’s asking for a loan to buy silver. She’s very grateful to KIVA for helping her develop in her activity and she commits to make her installment payments punctually. She belongs to the “Rumbo al Éxito-Santiago” communal bank in Cusco, Peru. Ruth is working hard to provide a better future for her children who are school age and this is quite a struggle for her.
View original language description ↓
La socia es la señora Ruth, tiene 37 años de edad, está casada y tiene 2 hijos, vive en el distrito de Santiago de la ciudad del Cusco, la socia trabaja como camarera en un hotel, pero también se dedica a la fabricación de joyas en plata y pedrería. Ruth necesita aumentar la producción de sus joyas, para cumplir con las solicitudes de los clientes, por ello solicita el préstamo para comprar plata.
La socia está muy agradecida con KIVA por ayudarla a desarrollarse en su actividad y se compromete a cumplir con el pago de sus cuotas puntualmente. Ruth pertenece al banco comunal “Rumbo al Éxito-Santiago” de la ciudad del Cusco – Perú.
Ruth está trabajando mucho para ofrecerle un mejor futuro a sus hijos, 2 de los cuales en edad escolar, y para ella es todo su sacrificio.

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
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ruth Elizabeth to buy silver.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013