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Guillermo
Guillermo, 45, is a member of the “EL MOLINITO II” (The Little Mill II) communal bank located in Cusco district which belongs to Cusco province, Cusco department.

He has a live-in spouse and three children. He alternates his daily chores with a grocery business. He also is in transportation; he’s a driver in public transportation service. He works from 7am until 9pm and the grocery store is tended to by his wife. He wants to expand the grocery store and is asking for a loan to buy products like rice, sugar and milk for the grocery store.

He is happy about the loan and commits to repay in a timely fashion.
View original language description ↓

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

El socio es el Sr. Guillermo; el tiene 45 años de edad y es conviviente y tiene 3 hijos; El socio alterna sus actividades diarias con el negocio de tienda de abarrotes, el socio también se dedica al transporte, el es chofer de servicio público, el socio trabaja desde las 7:00 a.m hasta las 9:00 p.m y la tienda de abarrotes trabaja su esposa, el socio quiere ampliar el negocio de tienda de abarrotes. El socio solicita el préstamo para comprar productos como arroz, azúcar y leche para la tienda de abarrotes.

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
  • 37
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Guillermo to buy products like rice, sugar and milk for his grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 2, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011