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Augusto
Augusto is a member of the Communal Bank “Pro Desarrollo” (Pro Development). He lives in Pisac, which lies in Calca Province, Department of Cusco. Pisac is located 40 minutes away from the city. It is small town that inherited beautiful Incan structures, which is required sightseeing by all tourists who visit the city of Cusco.


Augusto is 41 years old, married, and has three children (ages 17, 11, and 9). He is a rancher who buys and sells all types of cattle. Augusto began saving money so that he could buy one head of cattle at a time to increase his herd. He has yet to determine whether he will buy a cow or a bull with the funds he will be receiving. Augusto has an immediate need to purchase tires for his truck because he is currently renting a small vehicle to transport his cattle.


He is grateful for this opportunity and promises to complete his payments on time.

View original language description ↓
Nuestro socio AUGUSTO, pertenecen al banco comunal “PRO DESARROLLO”, El socio vive en Pisac situado en la provincia de Calca departamento de Cusco, está a 40 minutos de la ciudad, es un pequeño pueblo heredero de unas bellas construcciones incas, aquí lugar obligado de paso para todo aquel turista que visita la ciudad del Cusco.

Nuestro socio tiene 41 años de edad, es casado y tiene 3 hijos de 17, 11, 9 años, Nuestro socio es ganadero, él compra y vende todo tipo de animal vacuno, el socio estuvo ahorrando un dinero para comprar un ganado esta vez y así aumentar su ganado, él verá recién si se anima por una vaca o un torete, por lo pronto el socio solicita el préstamo para comprar unas llantas para su camión, el también alquila su camioncito para trasladar ganados.

El socio agradece y valora la oportunidad brindada mediante este medio, así mismo se compromete en cumplir con el pago de su deuda 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

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Augusto purchase tires for his truck & invest in his cattle business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010