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Miguel
Miguel, 73, has two children who are now completely independent. He lives in the city of Pisaq in Calca province, Cusco department, Perú.

Miguel is a hard working man who does carpentry in his free time. He also has a small grocery store in his house. He’s been in this business for several years now and does well thanks to the effort he puts into his work. Miguel needs the loan to buy more food items to stock his store.

Miguel is a member of Asociación Arariwa’s “Mosoq Ñusta” communal bank and is grateful for the opportunity provided by this means while also committing to repay in a timely fashion.
View original language description ↓
Miguel tiene 73 años de edad, tiene dos hijos de las cuales los dos son independientes, él socio vive en la ciudad de Pisaq de la provincia del Calca departamento del Cusco, Perú.

Miguel es un hombre trabajador que en sus ratos libres se dedica a la carpintería, el también tiene una pequeña tienda de abarrotes en su domicilio. Ya son muchos años que se dedica al negocio y le va muy bien gracias al empeño que en su trabajo. Miguel requiere el préstamo para comprar más comestibles asi de esa manera poder abastecer su tienda.

Miguel pertenece al banco comunal “Mosoq Ñusta” de la Asociación Arariwa y se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Miguel to buy more food items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011