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Juan Carlos
Juan Carlos is a member of the Kantu San Jeronimo Communal Bank. He is a native of Cusco.

Our bank member is 18 years old and is living with his girlfriend. He works in a restaurant as a kitchen helper, as does his girlfriend. The couple has one son. Juan Carlos is a young entrepreneur who works a lot so he and his girlfriend can get married, educate their son, and buy their own house. Before buying a house, the couple hopes to start their own restaurant that they themselves will run. Our young bank member is asking for a loan to cover some health expenses incurred for his young son.

Juan Carlos is thankful for and values the loan that he is receiving this way and he promises to make his payments on time, within the established timeline.
View original language description ↓
El socio Juan Carlos; pertenece al banco comunal “KANTU SAN JERONIMO”; nuestra socia es natural de la ciudad del Cusco.

Nuestro socio tiene 18 años de edad, el es conviviente, el socio trabaja en un restaurante como ayudante de cocina, su pareja también es ayudante de cocina y ambos tiene 1 hijo, el socio, es un joven emprendedor y trabaja mucho para que ambos puedan casarse, educar a su hijo y comprar su casa propia, previo a su casa ellos tienen el sueño de poner su propio restaurante y ellos mismos administrarlo, nuestro joven socio solicita el préstamo para poder cubrir algunos gastos de la salud de su pequeño hijo.

Nuestro socio agradece y valora el préstamo que le brindan mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

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
  • 65
    View loans »
    Peru Loans Fundraising
  • $53,992,750
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Juan Carlos cover health costs incurred for his young son.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010