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Anonymous
The member belongs to the “Amauta” communal bank located in Huanchac District, Cusco Province and Department.

He is 54 years old, single and has a son. He works for a public institution as a presale agent. He makes all the presales for various products related to the grocery business. He has worked for the last ten years directly with warehouses to place the orders and transport them to the various grocery stores. He makes presales of cookies, flour, powdered milk and canned goods, among others. He wants to use the loan to invest in his son’s higher education. He requests the loan to pay his son’s higher education monthly tuition.

He is very satisfied and grateful for the support provided and commits to repay his debts in a timely fashion.
View original language description ↓

El socio pertenece al Banco Comunal “AMAUTA”; El banco pertenece al distrito de Huanchac, Provincia de Cusco, departamento de Cusco.

El socio; el socio tiene 54 años; el socio es soltero; El socio tiene 1 hijo; El socio trabaja en una institución pública como preventista, el hace todas las preventas de productos diversos orientados al rubro de abarrotes, el socio trabaja desde hace 10 años trabajando directamente con los almacenes para hacer el pedido y transportarlo a las diferentes tiendas de abarrotes. El socio hace las preventas de galletas, harinas, leche de polvo y tarro en cajas, entre otros. El socio desea invertir el crédito en los estudios de su hijo en la superior. El socio solicita el préstamo para invertir en las mensualidades de su hijo en sus estudios superiores.

El socio se muestra muy satisfecha y agradecida por el apoyo que se le brindara mediante este medio y se compromete a cumplir con el pago de sus deudas en el plazo establecido.

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
  • 113
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped this borrower to pay for his son's higher education monthly tuition.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011