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Rina Elena
Reina Elena works selling crafts. She sells knitwear, sweaters and purses in various street markets in Cusco. She makes handicrafts; she knits sweaters and purses. She’s been in business five years and her dream is to have a locale where she can sell her crafts. She requests a loan to buy yarn in assorted colors and knitting needles at wholesale. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia Rina Elena se dedica al negocio de venta de artesania,la socia vende tejido,chompas y carteras,la socia vende en las diferentes ferias de la ciudad de Cusco,la socia hace trabajos de artesania como ella teje chompas y tambien carteras,la socia se dedica al negocio 5 años,el sueño de la socia es tener un local donde pueda vender la artesania.La solicita el credito para comprar lanas de colores y palitos de tejr al por mayor.
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
  • 100
    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 $1,175 helped Rina Elena to buy yarn in assorted colors and knitting needles at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013