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Hugo
Hugo is 55 years old, divorced with two children (Claudio and Mitzu) and belongs to the communal bank "Inti" Arariwa Association. Hugo is a theater director and school coordinator at the Workshop "Juglar" (minstrel); he has done done this job for 30 years. One of the courses at the theater school teaches how to make costumes, masks and fake noses. He requests a loan to buy more material for making costumes and masks.
Hugo is grateful for the opportunity offered by this microfinance organization and thus he is commited to pay back according to the schedule.
(Inti is a word in Quechua language that means Sun)
View original language description ↓
Hugo tiene 55 años, es divorciado, tiene dos hijos (Claudio y Mitzu) y pertenece al banco comunal “Inti” de la Asociación Arariwa. Hugo es director de teatro y Mino de la escuela de taller “JUGLAR”, ya son 30 años con su trabajo. La escuela de teatro tiene una línea pedagógica donde enseñan a confeccionar disfraces, mascaras y nariz de papayo. El socio requiere el préstamo para comprar más material para la elaboración de sus disfraces y mascaras.

El socio se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.
(Inti es una palabra del idioma quechua que traducido al castellano significa Sol)

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
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,161,425
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Hugo purchase of costumes and masks making material.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011