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Faustina
This borrower is part of the Communal Bank “Yanahuara Señor de Torrechayoc” which is located in Urubamba Province in the Department of Cusco. She is 69 years old, widowed, and has one child. The borrower divides her time between her daily activities and her businesses of selling dried products and selling “chicha” (a traditional beverage made from corn). She has been in these businesses for a long time and is doing very well thanks to the effort she puts forth each day into her work. The borrower sells her merchandise to all of the customers who request them. She wants to keep working so that she can continue supporting her family.

The borrower is requesting a loan to buy corn and other products. She is grateful for this loan and promises to complete her payments.
View original language description ↓
La socia pertenece al banco comunal YANAHUARA SEÑOR DE TORRECHAYOC, el banco está ubicado en la provincia de Urubamba y departamento de Cusco.
La socia tiene 01 hijo tiene 69 años de edad y es viuda, la socia alterna sus actividades diarias con el negocio de venta de productos secos y la venta de chicha ,la socia lleva buen tiempo dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día su negocio, la socia vende su mercadería todos sus clientes que le solicitan, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para la compra de maiz entre otros.
La socia se siente agradecida por el crédito y se compromete a cumplir con sus cuotas.

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
  • 131
    View loans »
    Peru Loans Fundraising
  • $57,388,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Faustina to buy corn and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014