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Fredy
Fredy belongs to the communal bank, "Cristo Asención de Rumichaca." It is located in the district and province of Urubamba in the department of Cusco.

Fredy is 28, has a live-in girlfriend, and has 1 son who is 3. He is a musician by profession and also an artisan. He makes various types of art and also buys some that are already made and sells them in Urubamba. He tells us that he is passionate about music and started his own group of which he is the lead singer. He hopes to invest his loan in the purchase of stereo equipment for his shows, and he is requesting a loan to make his dream a reality and to improve his work.

He is thankful for the loan that is being offered him and promises to comply with his payments in a disciplined manner.
View original language description ↓
El socio pertenece al banco “CRISTO ASENCION DE RUMICHACA”; el Banco Comunal se encuentra ubicado en el distrito de Urubamba, Provincia de Urubamba y departamento de Cusco.

El socio es el Sr; Fredy, el socio tiene 28 años de edad y es conviviente el socio tiene 1 hijo de 3 años de edad, el socio es músico de profesión y es también artesano, el socio elabora diferentes trabajos y muchos de ellos los compra ya hecho y los vende en Urubamba, el socio nos comenta que le apasiona la música razón por la cual lo llevo a formar su propio grupo musical siendo el cantante principal; El socio desea invertir el crédito en la compra de equipo de sonido para sus presentaciones y solicita el préstamo para hacer realidad su sueño y mejorar su trabajo.

El socio agradece el préstamo que se le otorgara y se compromete en cumplir con los pagos de sus cuotas de manera disciplinada.

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
  • 85
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fredy to invest in buying stereo equipment.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Jul 4, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012