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Abel
This member belongs to the "GRANITO DE MOSTAZA" communal bank which is located in the district of Huanchac in the province and department of Cusco.

Mr. Abel, 41, is single and has four children, ages 11, 9, 5 and 4. He is a carpenter by trade and is requesting a loan to buy wood for his business. He has been running a shop for 18 years and he has many customers. He often runs out of wood because of all the orders he has, so he wants to buy wood by the cubic foot, wholesale, in order to avoid this problem.

He is grateful for the loan and committed to paying it back on time.
View original language description ↓
El socio pertenece al banco comunal “GRANITO DE MOSTAZA”; el banco se encuentra ubicado en el Distrito de Huanchac en la Provincia de Cusco y Departamento de Cusco.

El socio es el Sr. Abel; el socio tiene 41 años de edad, el socio es soltero y tiene 4 hijos de 11, 9, 5, 4 años de edad, el socio es de profesión carpintero y el requiere el préstamo para poder comprar madera para la realización de sus trabajos, el socio tiene su taller desde hace 18 años y el socio es muy solicitado, por lo que muchas veces se le acaba el acopio de madera que suele tener, el socio desea poder comprar madera al por mayor por pies cúbicos para poder trabajar y entregar sus muebles a pedido. El socio solicita el préstamo para invertir en la compra de madera.

El socio agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

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
  • 110
    View loans »
    Peru Loans Fundraising
  • $56,813,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Abel to buy wood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011