The borrower is Eduarda. She is 55, single, and has six adult children who have professions. She has a restaurant, in which she has been working for many years, and it is with this business that she has managed to raise her children.
Pilar is a woman who is on her own, but very hard-working. She wants to continue in her business and make it grow. So she is applying for the loan to buy ingredients such as meats, vegetables, beans, soft drinks, etc. that will allow her to have working capital for her business.
Pilar is very grateful for Kiva's assistance; for helping her with her restaurant and in keeping it going.
She belongs to the "Gran Renovación" communal bank in the city of Cusco, Peru.
La socia es la señora Eduarda, ella tiene 55 años de edad, soltera y tiene 6 hijos adultos y profesionales, la socia tiene un restaurante en el cual trabaja hace muchos años y es con este negocio que logró sacar adelante a sus hijos.
Pilar es una mujer sola pero muy trabajadora, quiere continuar en su actividad y hacerla crecer, por ello está solicitando el préstamo, para comprar insumos como carnes, verduras, menestras, bebidas gaseosas etc. que le permita capitalizar su actividad. Pilar está muy agradecida con la ayuda de KIVA, por ayudarla con su restaurante y en el sustento del mismo. La socia pertenece al banco comunal “GRAN RENOVACION”; de la ciudad del Cusco – Perú.
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).