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Norbert
Norbert, 32, is a member of the “Virgen Asunta de Racsa” communal bank that’s located in Cusco District belonging to Cusco Province and Department.
He has a spouse and two children. He alternates his daily chores with a transportation services business.

He owns a cargo truck that he uses to transport potatoes to various places like Anta, Urubamba and Calca as well as to the various markets in the city of Cusco. He is able to support his children through this work.

He’d like to expand the transportation business and is asking for a loan to buy vehicle replacement parts and to pay to service his vehicle. He is happy about the loan and pledges to make all his installment payments.
View original language description ↓
El socio pertenece al banco comunal “VIRGEN ASUNTA DE RACSA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Norbert; el tiene 32 años de edad y es conviviente y tiene 2 hijos; El socio alterna sus actividades diarias con el negocio de transporte, el es propietario de un camión de carga donde lleva papa a diferentes lugares como Anta, Urubamba y Calca y también lleva a los diferentes mercados de la ciudad de Cusco, por medio de este negocio el socio saca adelante a sus hijos, el socio quiere ampliar el negocio de transporte. El socio solicita el préstamo para comprar repuestos y para el mantenimiento de su carro.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Norbert to buy vehicle spare parts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011