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Apr 19, 2017 6:36 PM ET

Peru: Magdely: A loan of $1,250 helps to buy disposable containers, milk, and other goods.

iCrowdNewswire - Apr 19, 2017

Magdely

Peru
 
 
Borrower image
 

A loan of $1,250 helps to buy disposable containers, milk, and other goods.

Magdely’s story

Magdely continues to run her business selling ice cream.

She is grateful for KIVA investors who have trusted her and her business. Magdely enjoys her business, which is doing well thanks to her daily commitment.

Magdely is a responsible person who hopes to make more profits with her business in order to support her family. She has requested this loan to buy disposable containers, milk, and other goods that support her business operations.

Show previous loan details

Translated from Spanish by Kiva volunteer Jesse Ignell View original language description

This loan is special because:

It uses a group-lending method to reach low-income borrowers. 

Kate
Kiva staff

More about this loan 

About Asociación Arariwa:

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).

Contact Information:

Magdely

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