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Raul
Raúl is 28 and was born in the city of Chinchero. He currently lives in the city of Cusco with his partner and their only child. He tells us that he earns his living making handicrafts like sweaters, caps, gloves, and blankets, all out of alpaca wool. He's a wholesaler and supplies the vendors in Cusco, but mostly he sells to the locals. Raúl belongs to the "Nueva Victoria" Village Bank, where he takes out loans. This time he needs a loan to buy materials like alpaca wool, etc.
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Raúl nació en la ciudad de Chinchero y tiene 28 años de edad. Actualmente, Raúl vive en la ciudad del Cusco junto con su pareja y su único hijo. Raúl nos cuenta se dedica a la elaboración de artesanía como por ejemplo chompas, chullos, guantes, mantas todo en base de lana de alpaca, el es mayorista y provee a los vendedores de la ciudad del Cusco pero mayormente a su paisanos. Raúl pertenece al banco comunal “Nueva Victoria” donde se presta dinero pero en esta oportunidad requiere el préstamo para comprar materiales como por ejemplo lana de alpaca y entre otras cosas más.

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
  • 84
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Raul to buy materials like alpaca wool, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 13, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011