There is no Field Partner for this loan. It is part of the Kiva Labs Social Enterprise program. For more details on LSE, please click here. For more details on the borrower, please refer to their loan profile.
N/A, direct to DAR Proyectos's Mission Statement
(D.A.R.) Proyectos, (translating to Desorrollo Artesanal Rentable or Sustainable Artisan Development Project), blends smart design practices with social innovation to create unexpected, yet relatable everyday objects. Based in Northern Perú, D.A.R works hand-in-hand with local indigenous artisan communities to redefine value in the approach to handmade objects.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Sep 26, 2023
Oct 12, 2005
Total Loans
$50,000
$2,080,480,130
Amount of raised Inactive loans
$0
$750,925
Number of raised Inactive loans
0
139
Amount of Paying Back Loans
$50,000
$156,958,935
Number of Paying Back Loans
1
189,197
Amount of Ended Loans
$0
$1,875,720,905
Number of Ended Loans
0
2,532,546
Delinquency Rate
37.49%
13.31%
Amount in Arrears
$16,662
$12,997,880
Outstanding Portfolio
$44,446
$97,654,140
Number of Loans Delinquent
1
80,779
Default Rate
0.00%
1.83%
Amount of Ended Loans Defaulted
$0
$34,298,328
Number of Ended Loans Defaulted
0
91,752
Currency Exchange Loss Rate
0.00%
0.48%
Amount of Currency Exchange Loss
$0
$13,156,769
Refund Rate
0.00%
0.54%
Amount of Refunded Loans
$0
$11,296,185
Number of Refunded Loans
0
9,885
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
Country Fast Facts
Country : Peru
Capital : Lima
Official Language : Spanish (official) 84.1%, Quechua (official) 13%, Aymara (official) 1.7%, Ashaninka 0.3%, other native languages 0.7%, other 0.2%
Population : 30,147,935
Avg Annual Income : $12,000
Labor Force : agriculture: 25.8%, industry: 17.4%, services: 56.8%
Population Below Poverty Line : 23.90%
Literacy Rate : 94.50%
Infant Mortality Rate (per 1000) : 20.21 deaths
Life Expectancy : 68.39 years