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Bernardo is a member of the "Mateo Pumacahua" community bank which is located in Chinchero district, in Urubamba province, in Cusco department.

Bernardo is 33 years old and single. He divides his time between his daily activities and his business selling handicrafts. He sells handicrafts in Chinchero district. He sells blankets, sweaters, scarves and necklaces in the different street markets. Through this business he would like to get ahead in life. He would like to expand and improve his business selling handicrafts. He is requesting this loan to buy handicrafts wholesale.

Bernardo is happy to be receiving his loan and pledges to make his repayments on time.
View original language description ↓
El socio pertenece al banco comunal “MATEO PUMACAHUA”; El banco está ubicado en el distrito de Chinchero, perteneciente a la provincia de Urubamba y departamento de Cusco.

El socio es el Sr. Bernardo; el tiene 33 años de edad y es soltero; El socio alterna sus actividades diarias con el trabajo de negocio de artesanía, el vende artesanía en el distrito de Chinchero, el socio vende mantas, chompas, chalinas y collares en las distintas ferias el socio por medio de este quiere sacar adelante, el socio quiere ampliar y mejorar el negocio de venta de artesanía. El socio solicita el préstamo para comprar artesanía al por mayor.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,995,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bernardo to buy handicrafts wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 4, 2011
May 11, 2011
Currency Exchange Loss:
Dec 15, 2011