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Magdalena belongs to the Rosita de Loa Angeles community bank located in San Sebastian, province and department of Cusco, Peru. She is a 37-year-old married mother of four children and makes a living selling brushes, pins, tooth paste and other items. She has had the business for a good amount of time, and it is going very well thanks to the hard work she puts in every day. She sells at one of the markets in Cusco. Magdalena is a responsible and hardworking person, and in this way she makes headway for her family. She is requesting the loan to purchase merchandise for her business, such as pins, brushes, detergents and other items. She feels grateful for the loan and promises to make her payments on time.
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La socia pertenece al banco comunal ROSITA DE LOA ANGELES, el banco está ubicado en el distrito de San Sebastián, provincia de Cusco y departamento de Cusco.

La socia Magdalena tiene 37 años de edad tiene 04 hijos y es casada, la socia alterna sus actividades diarias con su negocio de venta de pasamanería como venta de escobillas, pasadores, pasta dental entre otros, la socia lleva buen tiempo en este su negocio el cual le va bien gracias al empeño que le pone cada día su negocio, la socia vende en uno de los mercados de Cusco, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el crédito para comprar mercadería para su negocio como pasadores, escobillas, detergentes entre otros.

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

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
  • 179
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Magdalena to purchase pins, brushes, detergents and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 16, 2012
Jan 1, 2013
Currency Exchange Loss:
Apr 17, 2013