Funded

Total loan: $800
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Maria

Peru
Cusco, Peru / Personal Housing Expenses

A loan of $800 helped to buy melamine and home improvement materials such as iron, cement, and tiles.


Maria's story

Maria is 32 years old and lives with her partner. Recently, she started a new job as a primary school teacher leading a third grade class. Previously, she worked for the Ministry of Health in Peru which administers social security services.

Maria has been investing in her house over the past year, using prior Kiva loans in order to add a new layer of paint, buy new furniture and appliances, and make general improvements to the aging interior. She is very proud of her home and continues to invest in her property.

Specifically, she would like to construct a studio in her home so that she and her partner can develop a business producing and selling melamine furniture (melamine is a plastic compound). With her loan, Maria plans to buy melamine for her furniture business, as well as home improvement materials such as iron, nails, tubes, cement and tiles.

Maria hopes to complete construction of the furniture studio soon so that she can launch the business, and little by little save enough money to buy a car.

Maria is a member of the village bank "Los Diamantes" in Cusco, which is receiving its 16th loan from Asociación Arariwa.



Loan details

Loan length:

6 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: Asociación Arariwa