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Here is a member of the communal bank named "Nueva Victoria - Chinchero", meaning "New Victory - Chinchero". It is located in the district of Chinchero, in the province of Urubamba in the department of Cusco.

Her name is Tomasa. She is 64 years old and she is married. She has 5 children (all are independent). Her occupation is agriculture and crafts, although she is primarily and artisan. She dedicates a great portion of her time to making crafts. She makes beautiful and refined works and she creates textiles, for which she wants to purchase materials and to acquire the natural pigments that are brought from the mountains. She makes her textiles by hand, using a traditional and ancestral technique. She places sheep’s wool in one extreme, held by a nail, and she stretches them and weaving them with her hands to form figures. In order to tighten the wool, to prevent it from being loose, she uses a large piece of wood. This is how she works. She is a member of a crafts market in her village and there she can be observed as she works her textiles and she displays works that were completed in the days past. She requires this loan to purchase materials. She requests a loan in order to increase her working capital and to purchase materials.

She is happy with the loan she has been granted and she is committed to the established payment terms.
View original language description ↓

La socia pertenece al banco comunal “NUEVA VICTORIA - CHINCHERO”; Este banco está ubicado en el distrito de Chinchero, provincia de Urubamba, Departamento de Cusco.
La socia es la Sra: Tomasa; La socia tiene 64 años de edad, la socia es casada; la socia tiene 5 hijos de (todos ellos independientes); la socia se dedica a trabajar en agricultura y artesanía, la socia es principalmente artesana y ella dedica la gran parte del tiempo a la artesanía, ella realiza bellos y finos trabajos y hace textiles, para lo cual ella desea comprar materiales, y que le proporcionen los óxidos naturales, que son traídos de las alturas, ella realiza los textiles a mano con una tradicional y ancestral técnica, ella toma varias lanas de oveja de un extremo ayudada por un clavo y las estira todas va tejiendo con sus manos poco a a poco y formando figuras y para ajustar la lana y no quede suelta se ayuda de un pedazo de madera larga, de este modo ella trabaja, la socia pertenece al mercado artesanal en su pueblo y hay la pueden ver trabajando sus textiles y exponiendo los otros que hizo días atrás, la socia requiere el préstamo para la compra de materiales. La socia solicita el préstamo para poder incrementar su capital y comprar materiales.
La socia está feliz con el préstamo otorgado y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

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
  • 115
    View loans »
    Peru Loans Fundraising
  • $61,996,325
    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 Tomasa to purchase wool and pigments to create textiles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 1, 2011
Mar 10, 2011
Currency Exchange Loss:
Sep 15, 2011