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Pedro
Mr. Pedro C. T. is a native of Pilcopata, located in the Kosñipata district of the Paucartambo province, department of Cusco. His town is near the entrance of the Manu National Park, located some 8 hours from the city of Cusco.


Here we have our client, who asked for permission at work so that he could attend the microfinance institute’s meeting. I joined him at his workplace, which was in front of the meeting place, so I took a picture of him while he was in the middle of work. Mr. C. has a wife and 2 children, ages 13 and 12. He is a construction worker who is known as “El Constructor.” He needs a loan so that he can establish his own general store, which his wife will manage. They hope to set up their business and purchase large quantities of goods, such as cooking oil, noodles, flour, wheat, potatoes, corn and other products that are not produced in the area, which is why they are requesting this loan.


Our client is very happy and values the loan that he has been given, committing himself to pay off his loan.

View original language description ↓
El socio es el Sr. PEDRO, el es natural de Pilcopata, situada en el distrito de kosñipata en la provincia de Paucartambo, correspondiente al departamento del Cusco, correspondiendo a la entrada al parque nacional del Manu, a 8 horas de la ciudad del Cusco.

Aquí encontramos al socio que pidió permiso de su trabajo para apersonarse al la reunión del banco comunal, y lo acompañé a su centro de trabajo que estaba al frente de la reunión, entonces le tomamos la foto en pleno trabajo, ya reincorporado en su puesto, este socio tiene 2 hijos (13, 12) años es casado y el es obrero, se hace llamar el constructor, el socio requiere el préstamo para poder implementar su tienda abarrotes, en la que su esposa administrara, ellos desean implementar su negocio y comprar en cantidades grandes, aceite, fideos, harinas, trigo, papa, maíz y otros productos que la zona no produce, para lo cual solicitan el préstamo.

El socio esta muy feliz y valora el préstamo otorgado, por lo que se compromete a cumplir con el pago total de su deuda.

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

  • $6,715
    Average annual income
  • 32
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Pedro establish general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009