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Francisco
Francisco, 48, lives with his life partner and their 5 children. He works independently in civil construction and his wife has a restaurant. Together they support their children. He wants to improve his wife’s restaurant painting the walls and refurbishing the restroom. He is asking for funds to buy materials to do so.

He is a member of the “José Carlos Mariátegui” communal bank located in Urubamba district, Urubamba province, Cusco department.

He avails herself of this platform to express his gratitude to all those who share his dream and commits to repay in a timely fashion.
View original language description ↓


El socio pertenece al banco comunal “José Carlos Mariátegui”; El banco está ubicado en el distrito de Urubamba, perteneciente a la provincia de Urubamba y departamento de Cusco.

El socio es el Sr. Francisco; el tiene 48 años de edad y es conviviente y tiene 5 hijos, el socio trabaja en construcción civil en forma independiente y su esposa tiene un restaurant y juntos sacan adelante a sus hijos, el socio quiere mejorar el restaurant pintando las paredes y refaccionar el baño. El socio solicita el préstamo para comprar materiales para arreglar el restaurant de su esposa.

El socio agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

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
  • 47
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Francisco to buy materials to improve his wife's restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011