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Communal bank member Gregoria has a business of preparing and selling picarones (a dessert that is prepared from a sweet potato dough and is eaten with honey). She sells them as a walking vendor. She works from 4 pm to 10 pm. She has already had this business for 5 years, and it is going very well for her. Her dream is to have a shop where she can sell picarones. She is applying for the loan to buy flour, sugar, oil, and honey.

She is happy about the loan and promises to make her payments.
View original language description ↓
La socia Gregoria se dedica al negocio de preparacion y venta de picarones (es un postre que se prepara con masa de camote y se acompaña con miel),la socia vende en forma ambulatoria ,la socia trabaja desde las 4:00 p.m hasta las 10:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien,el sueño de la socia es tener un local para vender los picarones.La socia solicita el credito para comprar harina,azucar y aceite y miel.

La socia esta feliz con el credito ys e compromete a cumplir 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
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Gregoria to buy flour, sugar, oil and honey.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 7, 2013
Sep 8, 2013
Currency Exchange Loss:
Jan 17, 2014