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Hermogenes
Hermogenes, 53, is single and has two children. He is a member of the “MERCAMUEBLE” communal bank located in Cusco district, Cusco province, Cusco department.

He manufactures different kinds of furniture. He has a carpentry shop where he makes chairs, tables and beds for subsequent sale in various markets in Cusco. He works from 7am until 6pm. He wants to expand the business and is asking for funds to buy such materials like: wood, fabric and adhesives to make the furniture.

He thanks all those who share in his dream and pledges to repay in a timely fashion.
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El socio pertenece al banco comunal “MERCAMUEBLE”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Hermogenes; el tiene 53 años de edad y es soltero y tiene 2 hijos; el socio se dedica a realizar diferentes tipos de muebles, el tiene una carpintería donde realiza sillas, mesas y camas y después los vende en diferentes ferias de la ciudad de Cusco, el socio trabaja desde las 7:00 a.m hasta las 6:00 a.m, el socio quiere ampliar el negocio. El socio solicita el préstamo para comprar materiales como madera, telas y pegamentos para hacer los muebles.


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
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Hermogenes to buy materials like wood, fabric and adhesives to manufacture furniture.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Nov 10, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011