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This member belongs to the “NUEVA ALTERNATIVA” communal bank. The bank is located in Cusco district, part of Cusco province and department.

This member is Sra. Veronica, who is 24 years old. She lives with her partner and has one son. She alternates her daily activities between the business of selling handicrafts and making them, such as making wooden chess sets. She does this work together with her husband and then carries these kinds of crafts to places like Bolivia and Argentina to sell. Her workshop is in Pisac district where she also sells craftwork. Sra. Veronica wants to expand her craft store business. She is requesting a loan to buy materials such as wood and paint to make the chess sets.

Sra. Veronica is happy about the loan and is committed to making her loan payments on time.
View original language description ↓
La socia pertenece al banco comunal “NUEVA ALTERNATIVA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Veronica; ella tiene 24 años de edad y es conviviente y tiene 1 hijo; La socia alterna sus actividades diarias con el negocio de venta de artesanía, ella realiza trabajos como tableros de ajedrez en madera, ella trabaja juntamente con su esposa, ella lleva este tipos de trabajos a lugares como Bolivia y Argentina, la socia tiene su taller en el distrito de Pisaq, ella vende trabajos de artesanía, la socia quiere ampliar el negocio de tienda de artesanía. La socia solicita el préstamo para comprar materiales como madera y pinturas para hacer los tableros de ajedrez.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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
  • 104
    View loans »
    Peru Loans Fundraising
  • $61,923,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Veronica to buy materials such as wood and paint to make chess sets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 25, 2011
Aug 6, 2011
Currency Exchange Loss:
Apr 15, 2012