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Rosendo
Rosendo is 42 years old and has 5 children. He is a responsible father who searches with daily effort and every moment for opportunities to get ahead for his children.

Rosendo is dedicated to offering transportation services in his mototaxi (a motorcyle with 3 wheels and a roof that is a popular form of transportation for short trips, in exchange for money, just like a taxi.). He goes to work at 4:00 am and stays until 8:00 at night every day. Its now 10 years that he has been in this business and things have gone well, thanks to the effort he puts into his work.

Rosendo belongs to the “Tercer Milenio” (Third Millennium) Communal Bank of the Asociación Arariwa. He has participated for 3 years now. His first loan was for $100 dollars and was invested in his business. At present he needs a loan to perform maintenance on his mototaxi. His goal is to buy a car.

Rosendo is grateful for the opportunity offered by this means and, also, he is committed to complying with the payment schedule.
View original language description ↓
Rosendo, tiene 42 años y tiene cinco hijos, él es un padre responsable que busca a cada momento las oportunidades para salir adelante y con su esfuerzo diario apoyar a sus hijos.

Rosendo se dedica a brindar servicio de transporte en su mototaxi, él sale a trabajar a las 4 de la madrugada y se queda hasta las 8 de la noche todos los días. Ya son 10 años que se dedica al negocio y le ha ido muy bien gracias al empeño que pone en su trabajo. (Mototaxi es una motocicleta de tres ruedas y con techo que se usa como medio de transporte popular para trechos cortos a cambio de dinero de la misma forma que un taxi.).

Rosendo pertenece al banco comunal “TERCER MILENIO” de la Asociación Arariwa. Ya son tres años que participa en el banco comunal. Su primer crédito del socio fue de 100 dólares de las cuales invirtió en su negocio. Actualmente, el socio requiere el préstamo para hacer mantenimiento del mototaxi. El anhelo del socio es comprarse un carro.

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
  • 118
    View loans »
    Peru Loans Fundraising
  • $56,074,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Rosendo fOR NECESSARY MAINTENANCE ON HIS MOTOTAXI (MOTORCYCLE TAXI).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010