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Hector Rosendo
Introducing Hector, a member of the “Choquequirao” Communal Bank (Choquequirao is a ruined Incan city; the name is Quechua for “cradle of gold”). He lives in the Huanchac district, located in the province and department of Cusco.

Hector is 48 years old, he is married and has two children. He is a professor: he teaches at the Colegio La Merced, a private school for boys, and at the National University. To complete the renovation of his house, and to do so he urgently needs to buy bathroom accessories. The loan he is requesting will be used to buy accessories for his 2 bathrooms.

He values and is endlessly thankful for the loan he has been granted, as this will help him improve his living conditions; at the same time, he commits to complying with paying his dues at the set deadlines.
View original language description ↓
El socio pertenece al banco comunal “CHOQUEQUIRAO”; El socio vive en el distrito de Huanchac en la provincia y departamento de Cusco.

El socio es el Sr. Hector; el tiene 48 años de edad y El socio es casado y tiene 2 hijos, El socio es docente de profesión él trabaja como profesor en el colegio de varones particular la Merced y en la Universidad Nacional. El socio está terminando los acabados de su casa, para lo cual aún está necesitando comprar con urgencia accesorios para los baños. El socio solicita el préstamo para comprar accesorios para sus 2 baños.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $12,000
    Average annual income
  • 84
    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 Hector Rosendo to buy accessories for his 2 bathrooms.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2010
Listed
Aug 4, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010