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Leonel is a member of the Communal Bank “Nueva Vision de Urubamba” (New Vision of Urubamba). He lives in the heart of the Sacred Valley of the Incas in Urubamba, located an hour and ten minutes away from the city of Cusco.

Leonel is 36 years old, in a common law marriage, and has two children (ages 14 and 3). He has a small business in which he sells clothing shipped in from Lima. Now he wants to raise chickens and sell them when they mature. Leonel says this new business will be profitable because he has studied the market and has already lined up buyers. He is requesting a loan in order to buy chickens.

Leonel is appreciative of this opportunity and promises to make his payments on time.

View original language description ↓
Nuestro socio Leonel, pertenece al banco comunal “NUEVA VISION DE URUBAMBA”, nuestro socio está ubicado en el corazón del valle sagrado de los inkas, Urubamba está a 1 hora 10 minutos de la ciudad del Cusco.

Nuestro socio tiene 36 años y tiene 2 hijos (14, 3) es conviviente y se dedica al comercio minorista, nuestro socio antes se dedicaba a la venta de ropa que traía desde Lima, ahora el socio cría pollos y los vende de maduros, el socio dice que este negocio nuevo le será rentable porque estudió todo el mercado y ya tiene compradores. Nuestro socio desea el préstamo para comprar pollos.

Nuestro socio agradece la oportunidad brindada y se compromete a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

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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
  • 69
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Leonel purchase chickens to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 9, 2010
Feb 19, 2010
Currency Exchange Loss:
Sep 15, 2010