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Mónica was born in the province of Cusco and lives in the same city where she was born. She is 22 years old and single. She is a member of the Los Comerciantes de Virgen Asunta community bank, which is going very well thanks to their punctual payments.

She works selling beauty products such as perfumes, earrings, and other items. She has had this business for a few years and it is going very well.

Mónica is requesting this loan to purchase necklaces, earrings, and other items. She appreciates the loan and promises and make her payments on time according to the payment schedule.
View original language description ↓
La socia Mónica nació en la provincia de Cusco y vive en la misma ciudad donde nació, ella tiene 22 años de edad y es soltera, ella pertenece al banco comunal “Los Comerciantes De Virgen Asunta” y le va muy bien gracias a los pagos puntuales de sus cuotas, ella se dedica a vender productos de belleza como por ejemplo perfumes, aretes y otros más. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Mónica requiere el préstamo para comprar collares, aretes y otros más. La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $63,784,825
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Monica to purchase necklaces, earrings, and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 19, 2012
Jul 22, 2012
Currency Exchange Loss:
Jan 15, 2013