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Cloaldo
The associate belongs to the "THREE MARIAS" communal bank. The associate lives in the district of Santiago in the province of Cusco, department of Cusco.

The associate is Señor Cloaldo. He is 65 years of age. The associate is married and he is a native of the white city of Arequipa. The associate has 4 children. All the children are independent and he has a convenience store that he runs with the help of his wife. They have run the store for 6 years. The associate enjoys tending the convenience store while his wife cooks, and later they tend the store together while they relax watching the television in their business. The associate requests a loan to buy products for his convenience store.

The associate very much appreciates the loan offered since this permits him to grow his business and to improve his quality of life. He promises to comply with the payment schedule stipulated.
View original language description ↓
El socio pertenece al banco comunal “TRES MARIAS”; El socio vive en el distrito de Santiago en la provincia de Cusco departamento del Cusco.

El socio es ÉL Sr. Cloaldo; él tiene 65 años de edad, El socio es casado y es natural de la ciudad blanca de Arequipa; El socio tiene 4 hijos, todos los hijos son independientes y el tiene una tienda de abarrotes junto a su esposa en la cúal ellos trabajan desde hace 6 años, El socio disfruta mucho de atender la tienda de abarrotes mientras la esposa cocina y luego juntos atiende mientras se relajan viendo televisión en su negocio. El socio solicita el préstamo para comprar productos e implementar su tienda de abarrotes.

El socio valora y agradece infinitamente el crédito otorgado ya que este le permite crecer con su negocio y mejorar su calidad de vida, así mismo se compromete a cumplir con el pago de sus cuotas en el plazo estipulado.

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
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Cloaldo to buy merchandise for his convenience store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010