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Communal bank member Leonarda is 34 years old. She is married and has four children. She has a grocery store where she sells basic products such as rice, sugar, milk, and oil. She has had this business for five years, and it is going very well for her. In her free time she likes to go for walks with her children. Her dream is to expand her grocery store business. She is applying for the loan to buy rice, sugar, milk, and oil wholesale.

She is happy about the loan and promises to make her payments.
View original language description ↓
La socia Leonarda tiene 34 años de edad,es casada y tiene 4 hijos,al socia se dedica al negocio de tienda de abarrotes,la socia vende productos de primera necesidad como arroz,azucar,leche y aceite,la socia se dedica a este negocio 5 años y le va muy bien,a la socia en sus tiempos libres le gusta salir a pasear con sus hijos,el sueño de la socia es ampliar el negocio de tienda de abarrotes.La socia solicita le credito para comprar arroz,azucar,leche y aceite al por mayor.

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
  • 43
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Leonarda to buy rice, sugar, milk and oil wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 25, 2012
Nov 2, 2012
Currency Exchange Loss:
Apr 17, 2013