Wednesday, October 06, 2010

KIVA Loan for October

Our October KIVA loan goes to a Peruvian woman, Asunta Inca De Cusi. Asunta is 63 years old, married, and has 3 children. She belongs to the communal bank, Nueva Victoria – Chinchero in the province of Urubamba and the department of Cusco, located 45 minutes from the city.

Asunta has a grocery store and will use her loan to set up her store and purchase items for resale at wholesale price. She is requesting the loan to purchase rice, oil, and milk, among other products. She appreciates the loan and promises to make her payments on time. 

This is our 18th loan through KIVA, and all our active loans are being repaid on time. To this point we've never had a borrower default on a loan. KIVA makes it easy to make a positive difference in someone else's life.

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