Check out some available loans that are similar to this one!
Donato
Donato was born in the town of Abancay and currently lives in the city of Cusco, along with his wife, Doris, and their two children. When he turned 16, Donato began attending the institute of higher education “SENATI” (National Service for Training and Development in Industrial Technology) in the city of Abancay and he learned the trade of carpentry and cabinet making. Several years ago Donato worked in his trade in the city of Decidido. Starting a new life, Donato moved to Cusco, Peru, where he had distant relatives. He used his savings to rent a piece of land where he could make wood furniture. He can now be found in his workshop, which is equipped with a few machines, Monday through Friday from 8:00 in the morning to 11:00 at night. On Saturdays and Sundays he is at the “Túpac Amaru” market in the Wanchaq district of the province of Cusco, where he sells his furniture.

With his next loan, Donato expects to receive $400.00. For the moment his workshop is modestly stocked with the basic necessities. He would like to use the money from the loan to buy wood and materials.

Donato participates in the “El Amanecer” [The Dawn] communal bank and his fellow members have reaffirmed their trust in him for the loans.
View original language description ↓
Donato nació en la ciudad de Abancay y actualmente vive en la ciudad del Cusco junto con su esposa Doris y sus dos hijos. Al cumplir 16 años, Donato ingreso al instituto superior “SENATI” (Servicio Nacional de Adiestramiento al Desarrollo en Tecnológico Industrial) en la ciudad de Abancay y aprendió el oficio de la carpintería y ebanistería. Hace varios años atrás, Donato ejerce su profesión en su ciudad natal, pero como existe mucha competencia decidió buscar otro lugar donde pueda trabajar.

Decidido a empezar una nueva vida, Donato se mudo a Cusco, Perú, donde tenía parientes lejanos. Utilizo sus ahorros para alquilar un terreno, donde ahí pueda elaborar muebles de madera. Le pueden encontrar en su taller, que está equipado con pocas maquinarias, de lunes a viernes, desde las 8 de la mañana hasta 11 de la noche y los días sábados y domingos en la feria de “Túpac Amaru” en del distrito de Wanchaq de la provincia del Cusco donde vende los muebles.

Con su próximo préstamo, Donato espera recibir $400 USD. Por el momento, su taller esta modestamente equipado con las necesidades básicas. Le gustaría emplear el dinero del préstamo para comprar madera y materiales.

Donato participa en el banco comunal “El Amanecer” y sus compañeros le han reafirmado la confianza para los préstamos.

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Donato to buy wood and materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Aug 8, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010