Check out some available loans that are similar to this one!
Jose Luis
José Luís is a gym instructor. He is a youth of 25 years who is characterized as being responsible, and who is always on the lookout for opportunities to get ahead. He supports his family with his daily efforts.

José Luís is an enterprising youth who opened a gymnasium in the city of Urubamba called "Luis Gym," that has 32 machines. He tells us that at the start his friends helped him attend to the customers, but currently his friends work for him. He has had this business for 4 years, and it has gone very well thanks to the effort that he puts into his work.

José Luís belongs to the communal bank "Tercer Milenio," that works with the Asociación Arariwa. He has belonged to this communal bank for 4 years. His first loan was for 100 dollars that he invested in his business. Currently, he needs a loan to buy a treadmill that costs about 2,000 Peruvian soles. Very soon he is going to open a gym in the city of Calca. His wish is to open a chain of gyms in the Sacred Valley.

He is grateful for the opportunity provided through these means, and he pledges to make his payments according to the established schedule.
View original language description ↓
José Luís es instructor de gimnasio, él es un joven que tiene 25 años que se caracteriza por ser responsable y que busca a cada momento las oportunidades para salir adelante y con su esfuerzo diario apoyar a su familia.

José Luís es un joven emprendedor que abrió en la ciudad del Urubamba un gimnasio “Luis Gym” que cuenta con 32 maquinas, él nos cuenta que al principio sus amigos le ayudaban con la atención del cliente pero actualmente sus amigos trabajan para él. Ya son cuatro años que se dedica al servicio y le ha ido muy bien gracias al empeño que pone en su trabajo.

José Luís pertenece al banco comunal “TERCER MILENIO” de la Asociación Arariwa. Ya son cuatro 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 comprar una maquina trotadora que cuesta aproximadamente de 2000 soles y pronto va inaugurar un gimnasio en la ciudad de Calca. El anhelo del socio es abrir una cadena de gimnasios por el valle sagrado.

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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Jose Luis to buy a treadmill.
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