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Juan
Juan belongs to the “Virgen Natividad” community bank which is located in Urubamba district, in Urubamba province, in Cusco department.

Juan is 42 years old. He is married and has 5 children. He divides his time between his daily activities and his cargo transport business. He also buys and sells corn which he transports to the city of Puerto Maldonado and some provinces of Cusco such as Urubamba and Ollantaytambo. He works together with his wife.

Juan is requesting this loan to buy supplies for his business such as fertilizer, corn and seeds. He also needs to pay to have his car serviced.

Juan is happy to receive a loan and he pledges to make his repayments on time.
View original language description ↓

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

El socio es el Sr. Juan; el tiene 42 años de edad y es casado y tiene 5 hijos; el socio alterna sus actividades diarias con el negocio de transporte de carga y a la vez se dedica a la compra y venta de maíz y lo transporta a la ciudad de Puerto Maldonado y algunas provincia de Cusco como Urubamba, Ollantaytambo entre otros, el socio trabaja conjuntamente con su esposa.

El socio solicita el préstamo para comprar insumos para su negocio como fertilizantes, maíz, semillas y para el mantenimiento del carro.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Juan to buy supplies for his business such as fertilizers, corn and seeds and to pay for his car to be serviced.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2010
Listed
Dec 10, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011