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Raúl Vicente
This borrower is a member of the "San José de Urubamba" community bank. He lives in Urubamba district, in Urubamba province, in Cusco department.

The borrower is 53 years old, lives with his partner, and has two children. He works in the mining industry in the town of Urubamba. He is in charge of transporting ore from the mine. He would like this loan to invest in hiring machinery for his mine work. He is requesting the loan to invest in hiring machinery.

The borrower appreciates and is grateful for the loan that he is being given to improve his quality of life. He also pledges to make all his repayments on time.
View original language description ↓
El socio pertenece al banco comunal “SAN JOSE DE URUBAMBA”; La socia vive en el distrito de Urubamba en la provincia de Urubamba, departamento del Cusco.

El socio tiene 53 años de edad y El socio es conviviente y tiene 2 hijos el socio trabaja en una minería en el poblado de Urubamba, el socio se encarga de trasladar los minerales de la mina, el socio desea el crédito para invertir en contratar maquinarias para el trabajo en la minería; el socio solicita el préstamo para invertir en el alquiler de la maquinaria.

El socio valora y agradece el crédito que le otorgaran para mejorar su calidad de vida, así mismo se compromete a cumplir con el pago de sus cuotas en el plazo estipulado.

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
  • 104
    View loans »
    Peru Loans Fundraising
  • $56,740,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Raúl Vicente to invest in hiring machinery.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011