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Juan Felipe
Felipe is a member of the communal bank "Llankachinapac."

He is 23 years-old and has one two-year-old son. Felipe, his wife Gladis, and their son live in the province of Urubamba, located north of the city of Cuzco. Our member has a small store where he sells computers, supplies, and much more. He has already been in this business for a few years, and it has gone very well, thanks to all the effort he has invested in his work. Felipe is young, hard-working, and enterprising, and wants to get his family ahead. He needs this loan to purchase more computer accessories and supplies to sell during the Christmas season, which would allow him to increase his business capital and thus earn better profits. Then he could provide for his son a better quality of life.

Our member is grateful for the opportunity offered through the institution, and promises to make all the payments on schedule.
View original language description ↓
El socio FELIPE pertenece al banco comunal “LLANKACHINAPAC”.

El socio tiene 23 años de edad y tiene un hijo varón de dos años. El socio, su esposa Gladis y su hijo viven en la provincia de Urubamba que se encuentra ubicada al norte de la ciudad del Cusco. Nuestro socio tiene una pequeña tienda donde vende computadoras, suministros y mucho más. Ya son varios años que trabaja en el negocio y le ha ido muy bien gracias a todo el empeño que pone en su trabajo, nuestro socio es un joven, trabajador y emprendedor que quiere sacar adelante a su familia. El socio requiere el préstamo para comprar y vender más suministros y accesorios de computadoras para estas fiestas navideñas, así poder aumentar el capital del negocio y así tener mejores ingresos y darle a su hijo una mejor calidad de vida.

El socio se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Juan Felipe the member needs this loan to purchase and sell more computer accessories and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Nov 30, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010