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Upon visiting the Mateo Pumacahua Communal Bank we talked with a member, Hilda. She is 34, married, and has two children. She lives in the city of Chinchero in the Cusco department.

She makes and sells weavings like blankets, shawls, and “chullos” (article of clothing for the head). She sells to the tourists who visit the city. She invests 1,000 dollars on the merchandise that she buys from the city of Lima or the city of Cusco. She has been in this occupation for eight years.

Being a member of the Fundación has greatly helped her to improve herself and to make her business grow. She will use the new loan to stock her business and buy more merchandise. The member’s aspiration is to become a merchant.
View original language description ↓
Al visitar este banco comunal Mateo Pumacahua conversamos con la socia Hilda, tiene 34 años, es casada, tiene dos hijos y vive en la ciudad de Chinchero del Departamento del Cusco, ella se dedica a la elaboración y venta de tejidos como mantas, fajas y chullos y vende a los turistas que visitan la ciudad, invierte 1000 de dólares en la mercadería que compra de la ciudad de Lima o ciudad del Cusco. Ya son 8 años que lleva este oficio, el ser socio de la Fundación le ha ayudado mucho a superarse y hacer que su negocio crezca, con este nuevo crédito surtirá su negocio y va comprar más mercadería. El anhelo de la socia es convertirse en una comerciante.

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
  • 116
    View loans »
    Peru Loans Fundraising
  • $61,968,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hilda buy merchandise like blankets and "chullos" (article of clothing for the head), etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 7, 2010
Jun 11, 2010
Currency Exchange Loss:
Dec 15, 2010