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This member belongs to the communal bank "KANCHARY", which is located in the district, province and department of Cusco.

Mr. Dionicio, 68, is a widower with five children. He alernates his daily activities with his tire-selling business. He sells different sizes for different types of automobiles. His work hours are from 8:00 a.m. to 7:00 p.m. With his business he has been able to provide for his children. He would like to expand his activity and improve his business, for which he is requesting a loan to buy wholesale tires.

He is very grateful for the loan and committed to paying it back on time.
View original language description ↓
El socio pertenece al banco comunal “KANCHARY”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Dionicio; el tiene 68 años de edad y es viudo y tiene 5 hijos; El socio alterna sus actividades diarias con el negocio de venta de llantas, el vende llantas de distintos tamaños para distintos tipos de carros, el socio trabaja desde las 8:00 a.m hasta las 7:00 p.m, por medio de este negocio el socio saca adelante a su hijos, el socio quiere ampliar y mejorar el negocio de venta de llantas. El socio solicita el préstamo para comprar llantas al por mayor.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $59,068,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Dionicio to buy wholesale tires.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 20, 2011
Jun 4, 2011
Currency Exchange Loss:
Oct 15, 2011