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Ernestina is 53 years old, is a widow, and has four children. She knits sweaters and then sells them in quantity to different stores. She works from 8:00 am to 5:00 pm and has been doing this for five years. Things are going well for her and she would like to expand her business. She is asking for this loan to buy different colors of yarn and knitting needles.

She is grateful for the loan and promises to repay on time.
View original language description ↓
La socia Ernestina tiene 53 años de edad es viuda y tiene 4 hijos,la socia tiene un negocio de tejidos,la socia teje chompas y luego los vende al por mayor a las diferentes tiendas donde venden chompas,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia tiene 5 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de tejidos.La socia solicita el credito para comprar lanas de colores y palitos de tejer.

La socia esta feliz con el credito otorgado y se compromete a cumplir los pagos de sus 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
  • 52
    View loans »
    Peru Loans Fundraising
  • $63,757,850
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ernestina to buy supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 23, 2012
Dec 1, 2012
Currency Exchange Loss:
Mar 15, 2013