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Maria Magdalena
Maria Magdalena was born in the city of Calca but she lives in the city of Salvación. (The city of Salvación is located in the district and province of Manu, in the department of Madre de Dios, Peru).

Maria Magdalena is 50 years old and married. She is a hard-working and enterprising mother who helps her family to get ahead. She makes and sells wooden items. She takes her products to sell in the city of Cusco. She has been in this business for several years now and it is going very well thanks to the effort she puts into her work. She belongs to the communal bank “Las Palmeras del Manu” and she needs the loan so she can purchase wood. She is grateful for the loan and she promises to make her monthly repayments.
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Maria Magadalena nació en la ciudad de Calca pero vive en la ciudad de Salvación. (La ciudad de Salvación está ubicada en el distrito del Manu en la provincia de Manu dentro del departamento de Madre de Dios, Perú).

Maria Magadalena tiene 50 años de edad y es casada, ella es una madre trabajadora y emprendedora que saca adelante su familia. Su actividad económica es la elaboración y venta de madera preparada, ella lleva sus productos a vender a la ciudad del Cusco. Ya son varios años que se dedica a este negocio y ve la muy bien gracias al empeño que pone en su trabajo. Ella pertenece al banco comunal “Las Palmeras del Manu” y en esta oportunidad requiere el préstamo para comprar madera. Agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales.

Additional Information

More information about this loan


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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Maria Magdalena to purchase wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013