Alberto is part of the Los Diamantes communal bank. This bank, whose name means “The Diamonds” in English, consists of 32 members, all hailing from the Cuzco area. Alberto is 38 years old and lives with his spouse and their 1-year-old child.
Alberto makes his living in the construction business as a topographer. He is involved in the construction of houses and is currently also working near Machu Picchu to fix damage done by the recent flooding there.
Alberto will use his loan from Kiva to help his construction business. He is appreciative of and thankful for the loan, and promises to pay the monthly payments on time.
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).