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Genaro
This borrower is one of the members of the Banco Comunal “Lideres del Tercer Milenio” (“Leaders of the Third Millenium” Communal Bank). He lives in Cusco, in the Huanchac neighborhood.

His name is Genaro. A native of the Acomayo province, he is 40 years old and single. He has been buying and selling books since 2004: he buys books from the main suppliers in Lima and he brings them to Cusco to sell them in the fairs of the Tupac Amaru square. The loan he is requesting will be used to buy a bigger quantity of books to sell.

He is thankful for and appreciates the help offered to him through this loan, and he commits to complying with repaying his debt within the specified time.
View original language description ↓
Nuestro socio pertenecen al banco comunal “LIDERES DEL TERCER MILENIO”; Nuestro socio vive en el distrito de Huanchac ciudad del Cusco.

Nuestro socio es ÉL Sr. Genaro; él tiene 40 años de edad, El socio es soltera y es natural de la provincia de Acomayo, nuestro socio se dedica a la compra y venta de libros desde el año 2004, El socio compra libros de los proveedores mayores en la ciudad de Lima y los trae a Cusco para vender en las ferias de Tupac Amaru. Nuestro socio solicita el préstamo para comprar mayor cantidad de libros y distribuirlos.

El socio agradece y valora el apoyo brindado mediante este medio y se compromete a cumplir con el pago de su deuda en el plazo establecido.

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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,209,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Genaro to buy more books to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010