Check out some available loans that are similar to this one!
Rolando
Rolando is a member of the Communal Bank “Nuevo Amancer – Cusco” (New Dawn – Cusco). He lives in the District of Huanchac, Province and Department of Cusco.


Sr. Rolando is a 46 year old single father. He is separated from his spouse and has three children. Rolando divides his time between being a father and running his business buying and selling automobiles. He buys secondhand cars near the Peruvian border and brings them back to Cusco to sell. Rolando has been a member of Asociación Arariwa for seven years and enjoys attending the meetings, where he gets to gather with his friends and share their experiences. He has used a number of loans to increase his capital for his auto sales business and to pay for his travel expenses when acquiring inventory. In addition, he owns a fleet of vehicles used for providing taxi services. The loan he is requesting will be used to increase his capital so that he can travel and bring back more imported vehicles.


Rolando values and greatly appreciates the loan that has been provided since it will allow him to increase his business and improve his quality of life. Therefore, he promises to complete his payments by the established deadlines.

View original language description ↓
El socio pertenece al banco comunal “NUEVO AMANECER - CUSCO”; El socio vive en el distrito de Huanchac en la provincia y departamento de Cusco.

El socio es el Sr. Rolando; el socio tiene 46 años de edad y el es padre soltero, el socio es separado tiene 3 hijos, El socio alterna su labor de papá con el comercio de compra y venta de automóviles, el socio se dedica a comprar de la frontera de Perú autos de segunda y los trae hasta la ciudad del Cusco y aquí los vende, el es socio de Arariwa desde hace 7 años y le gusta reunirse con sus amigos aquí y compartir las reuniones y el intercambio de experiencias, él socio ahorra dinero y suele sacar de diferentes financieras para poder aumentar a su capital de la venta de los autos y viajar a comprar otro. Él socio también tiene una flota de vehículos dedicados a prestar el servicio de taxis. El socio solicita el préstamo para aumentar a su capital y viajar a traer autos para la importación de vehículos.

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

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rolando increase his operating capital for buying secondhand cars to sell & pay for travel expenses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010