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Leon
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 León. He is 56 years old, he is single and he sells books for a living in the Santiago district. He has a stand in the local fair of this same district, where he sells books, magazines and literary works. He travels very often to Lima, but it’s his suppliers who generally bring him the books. The loan he is requesting will be used to buy a higher number of books and magazines.

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. León; él tiene 56 años de edad, El socio es soltero y se dedica a la compra y venta de libros en el distrito de Santiago, Nuestro socio tiene un stand en la feria de este distrito y hay vende libros, revistas y obras literarias, el socio viaja casi frecuentemente a la ciudad de Lima, pero generalmente le traen a su kiosko sus proveedores. Nuestro socio solicita el préstamo para comprar mayor número de libros y revistas.

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

  • $12,000
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Leon to buy more books and magazines.
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