Check out some available loans that are similar to this one!
Percy
Percy is 40, married, and has four children who are still dependent upon him. Cesar is 18, Diego is 13, Valery is 8, and Luz Adriana is 3.

Percy is a bricklayer. With much anguish he tells us that as the years pass the children grow and need more things. But, his salary as a bricklayer is insufficient. Therefore, Percy had to work at another business. He saw the opportunity to start selling handicrafts.

Percy tells us that in the beginning it was difficult to open a small store selling handicrafts. He did not know much about the subject, and there was a lot of competition. In spite of the adversities, he was able to fulfill his dream of having his own store.

He now has a stand in the Intipakari commercial center, which is located on the main avenue in the city of Cusco. Percy saw that the business was profitable, so he decided to open a small shop for making handicrafts. That way he is his own provider.

He is a hard-working and responsible man. He did not hesitate for a minute to become part of the Sacsayhuaman Communal Bank. He has worked with Arariwa for several cycles. The loan is to buy sweaters, shawls, gloves, and "chullos" (Peruvian knit hats with ear flaps).

He is grateful for the opportunity of the loan, and he promises to makes his payments on time.
View original language description ↓
Percy, tiene 40 años, es casado y tiene cuatro hijos de las cuales todavía depende de él, Cesar tiene 18 años, Diego tiene 13 años, Valery tiene 08 años y Luz Adriana tiene 03.
Percy es de profesión albañil, él nos cuenta con mucha angustia que a medida que pasan lo años los hijos crecen y necesitan más cosas pero su sueldo de albañil no le alcanza entonces Percy tenia que dedicarse a otro negocio entonces vio la oportunidad de entrar a la venta de artesanía. Percy nos cuenta que fue difícil al principio abrir una pequeña tienda de venta de artesanía porque no conocía mucho del tema y también había mucha competencia pero a pesar de las adversidades logro cumplir su sueño de tener su propia tienda y ahora tiene un stand en el centro comercial “INTIPAKARI” que se encuentra ubicado en la avenida principal de la ciudad del Cusco. Percy vio que es un negocio rentable entonces decidió abrir un pequeño taller de fabricación de artesanía de la forma que el mismo se ha su propio proveedor. El socio es un hombre trabajador y responsable y no dudo un instante en ser parte del banco comunal “Sacsayhuaman”. Ya tiene varios ciclos trabajando con Arariwa. Percy usará el crédito para comprar chompas, chalinas, guantes y chullos.

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

  • $6,715
    Average annual income
  • 130
    View loans »
    Peru Loans Fundraising
  • $56,130,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Percy buy sweaters, shawls, gloves, and "chullos" (Peruvian knit hats with ear flaps).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 18, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010