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Elvis
The member belongs to the communal bank “KAROLL WOKTILA”. This bank is located in the district of Huanchac in the province and department of Cusco.

Elvis is 38 years old, single and works in the transport and delivery company. He is in charge of deliveries. He also supports his family in the family business. They have a store, and he wants the loan to invest in the implementation of his mother’s business and to buy oil, rice, sugar etc.

He is thankful for the loan through this medium and similarly commits to making his payments on time.
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El socio pertenece al banco comunal “KAROLL WOKTILA”; Este banco está situado en el distrito de Huanchac perteneciente a la provincia de Cusco y departamento de Cusco.

El socio Elvis; tiene 38 años de edad, e socio es soltero y trabaja en la empresa de transportes y cargas, encargado de las encomiendas, el socio también apoya a su familia con el negocio familiar ellos tiene una tienda y el desea el préstamo para invertir en implementar el negocio de su mama y comprar aceite, arroz, azúcar y otros.

El socio agradece el préstamo mediante este medio y del mismo modo 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
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,823,625
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Elvis to stock a grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011