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Sr. Crisologo, 59, is a member of the GRAN RENOVACION community bank in the Peruvian "departamento" of Cusco.

He is married and has 4 children. He operates a clothing sales business. Among other things, he sells coats, underwear, sweaters and pants, offering his merchandise everywhere he can find buyers. He wants to expand and improve his business so he's applying for a loan to buy wholesale supplies of merchandise such as pants, coats and underwear that he will then resell.

Sr. Crisologo is grateful for the loan and committed to repaying it in the agreed-upon time.
View original language description ↓
El socio pertenece al banco comunal “GRAN RENOVACION”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Crisologo; el tiene 59 años de edad y es casado y tiene 4 hijos; El socio alterna sus actividades diarias con el negocio de venta de ropa, el vende en forma independiente como casacas, ropas interiores, chompas y pantalones llevando a diferentes lugares como instituciones, el socio quiere ampliar y mejorar el negocio de venta de ropa. El socio solicita el préstamo para comprar ropa al por mayor como pantalones, casacas y ropas interiores.

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

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

  • $12,000
    Average annual income
  • 137
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Crisologo to buy wholesale supplies of clothing for his retail business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 19, 2011
Jun 3, 2011
Currency Exchange Loss:
Oct 15, 2011