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Feliciano
This member belongs to the Progreso (Progress) communal bank. The bank is located in Huanchac District, Cusco Province and Cusco Department.

The member is Feliciano; he is 69 years old, is married and has four children. He divides his time between other activities and working in his little cafe, which is located in front of the nursing school at the national university. He works in his cafe every day, selling cakes, sandwiches, hamburgers, soft drinks, hot drinks, and now he needs to expand and buy merchandise. The member is asking for the loan to buy merchandise for his shop, like sodas, potato chips, bread, cookies, meat and chicken.

The member is grateful for and values this loan, which will allow him to reach his goals. He promises to make his payments on schedule.
View original language description ↓

El socio pertenece al banco comunal “PROGRESO”; Este banco está situado en el distrito de Huanchac, Provincia del Cusco y Departamento Cusco.

El socio es el Sr. Feliciano; el tiene 69. Años de edad y tiene 4 hijos, el socio es casado; El socio alterna sus actividades con la atención de su cafetín que está situado frente a la facultad de enfermería en la universidad nacional; El socio atiende todos los días su cafetín en el cual vende pasteles, sándwich, hamburguesas, gaseosas, bebidas calientes, y ahora el necesita implementar y comprar mercadería. El socio solicita el préstamo para comprar mercadería para su local, como gaseosas, papas, panes, galletas, carne, pollo.

El socio agradece y valora esté préstamo el cual le permite crecer en su negocio, El socio se compromete a cumplir el pago de sus cuotas en el plazo determinado.

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
  • 72
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Feliciano buy merchandise for his shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010