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Juan
Juan is 39 years old and married. Together with his wife, he has three children. He, himself, was born in the city of Urubamba, and he still lives there now. Juan tells us that he is a builder and works for himself. Many of Juan's customers contract him to build houses or additional rooms, among other things. He purchases the materials that he will use to build the houses, and when he is finished, he bills the customer for the materials used and for his labor. Juan has been making his living in construction for 10 years, and it has been going very well for him, thanks to the effort he puts into his work. Juan needs the loan at this time to purcahse materials, like cement, wood, nails and many other items.

Juan belongs to the communal bank “Los Solidarios," which is a part of Asociación Arariwa. He is thankful for the opportunity he has been offered by this organizaiton and he is committed to complying with the corresponding repayment schedule.
View original language description ↓
Juan, tiene 39 años D. edad, está casado y fruto D. esta unión tiene tres hijos, él nació en la ciudad D. Urubamba y actualmente vive en la misma ciudad. Juan nos cuenta que es albañil y trabaja D. forma independiente. Muchos D. sus clientes a Juan le contratan para que construya casas, cuartos y otras cosas más, él comprá los materiales que utilizará para construir casas y al terminar la obra, él cobra por los materiales y por la mano D. obra utilizada. Ya son 10 años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. Juan en esta oportunidad requiere el préstamo para comprar materiales como cemento, madera, clavos y muchas cosas más.

Juan pertenece al banco comunal “Los Solidarios” D. 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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Juan to purchase materials like cement, wood, nails and many other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2011
Listed
Mar 9, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011