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The member belongs to the Tres de Mayo de Poroy Communal Bank, located in the Cusco district in the province of Cusco and department of Cusco.

Elena is 39 years old and married with three children. She alternates her daily activities with her business selling sweaters. She knits sweaters and sells them in the different markets in Cusco. She sells from 9 a.m. until 6 p.m. With this business Elena gets her children ahead. She wants to expand and improve her business selling sweaters.

She is requesting the loan to buy materials such as wool, buttons, and yarn to make the sweaters.

Elena is happy about the loan and is committed to making the payments.
View original language description ↓
La socia pertenece al banco comunal “TRES DE MAYO DE POROY”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco, y departamento de Cusco.

La socia es la Sra. Elena; ella tiene 39 años de edad y es casada y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de venta de chompas, ella teje chompas y lo vende en las diferentes ferias en la ciudad de Cusco, ella vende desde las 9:00 a.m hasta las 6:00 p.m, por medio de este negocio la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio de venta de chompas. La socia solicita el préstamo para comprar materiales para hacer las chompas como lana, botones e hilos.

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
  • 36
    View loans »
    Peru Loans Fundraising
  • $64,328,875
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Elena to buy materials such as wool, buttons, and yarn, to make sweaters.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 22, 2011
Sep 27, 2011
Currency Exchange Loss:
Apr 15, 2012