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Luciano
Luciano lives with his wife and four children in San Sebastián district. San Sebastián district is located in Cusco province, in Cusco department, 15 minutes from the Plaza de Armas of the archeological capital of South America (Cusco). Cusco is a delightful city which dates back to the time of the Incas. Cusco is built on the site of the ancient Incan citadel.

Luciano provides public transport services in his taxi. He has been providing transport services for several years and his business is doing ok.

Luciano and his wife also have a small business raising and selling young animals such as chickens. They have pens at home where they keep their animals, selected according to their size and breed. They sell their animals to restaurant chefs, neighbors, friends and regular customers. Their customers prepare delicious dishes such as, for example, chicken soup, chicken stew, etc.

With his loan, Luciano hopes to receive 1,800 Peruvian soles. He would like to use this money to increase his business capital and to buy merchandise such as, for example, 'double-breasted chickens'.

Luciano belongs to Asociación Arariwa's "Nueva Esperanza" (New Hope) community bank. The bank is in its second year and it is well run by a board of directors.
View original language description ↓
Luciano vive con su esposa y sus cuatro hijos en el distrito de San Sebastián. El distrito de San Sebastián se encuentra ubicado en la provincia del Cusco del departamento del Cusco, localizándose a 15 minutos de la plaza de armas de la capital arqueológica de América del Sur (Cusco). Cusco es una ciudad encantadora que se remonta a los tiempos de los Incas, la ciudad del Cusco está construida en la base de la antigua ciudadela Inca.

Luciano se dedica a brindar servicios de transporte público en su taxi. Hace varios años que se dedica a brindar servicios de transportes y le va regular. Luciano y su esposa tienen un pequeño negocio de crianza y venta de animales menores como por ejemplo gallinas, ellos tienen corrales en su domicilio donde se encuentra los animales seleccionados según el tamaño y la raza. Ellos venden sus animales a cocineros de restaurantes, vecinos, amigos y clientes recurrentes. Los clientes preparan ricos platos de comida como por ejemplo caldo de gallina, estofado de gallina, etc. Con su próximo préstamo, Luciano que espera recibir S/.1800 nuevos soles. Con este dinero desea incrementar el capital del negocio y va comprar mercadería como por ejemplo, gallinas de doble pechuga.

Luciano pertenece al banco comunal “Nueva Esperanza” de la Asociación Arariwa. El banco comunal esta en el segundo año de funcionamiento y está bien administrado por la junta directiva.

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
  • 34
    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 $650 helped Luciano to buy merchandise such as, for example, 'double-breasted chickens'.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 4, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011