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Monica
Monica has a bakery business where she makes different kinds of breads and then sells them at various markets. She works from 8:00am until 6:00pm. She has been in this business for 5 years and it is going very well for her. It is through this business that she hopes to get ahead. Her dream is to expand her bakery. She is requesting the loan to buy ingredients for making bread, such as flour and butter.

She is very happy with the loan she's been granted and pledges to make her repayments.
View original language description ↓
La socia Monica se dedica al negocio de panaderia,ella prepara diferentes tipos de pan y luego los vende en las diferentes mercados,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien,la socia por medio de este negocio la socia quiere salir adelante,el sueño de la socia es ampliar el negocio de panaderia.La socia solicita le credito para comprar insumos para preparar pan como harina,mantequilla y harina.

La socia esta feliz con el prestamo otorgado y se compromete a pagar ssu cuotas.

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Monica to buy ingredients for making bread, such as flour and butter.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013