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Alvaro
This communal bank is called "Virgen de Guadalupe - Cusco". It is located in the district of Huanchac, belonging to the province of Cusco, and the department of Cusco.

His name is Alvaro. He is 30 years old, married common-law, and he has 3 children, aged, 11, 8, and 3. He is a taxi driver and he has his own car. He provides taxi services. He wants this loan to invest in the purchase of new tires, and fuel, and to invest in home improvements.

He is thankful and he wants to say that he will comply with his loan payments in a disciplined manner.
View original language description ↓

El Banco comunal se denomina “VIRGEN DE GUADALUPE - CUSCO”; Este Banco se encuentra situado en el Distrito de Huanchac, perteneciente a la Provincia de Cusco, Departamento de Cusco.

El socio es el Sr: Alvaro, el socio tiene 30 años de edad; el socio es conviviente, el socio tiene 3 hijos de 11, 8, 3 años de edad; el socio es taxista el tiene su unidad de transporte, el socio brinda el servicio de taxi, el socio desea el crédito para invertir en la compra de llantas, combustible y para de ello desea invertir en mejorar su vivienda. El socio solicita el préstamo para invertir en la compra de llantas y mejorar su vivienda con el otro monto que reste.

El socio esta agradecida y desea expresar que cumplirá de manera disciplinadamente con los pagos de sus cuotas.

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
  • 113
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Alvaro to invest in the purchase of new tires and to carry out some home improvements.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
May 17, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011