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Fermin
Fermin was born in the community of Paucarbamba and lives in the same community, he is 62, has common-law partner and three children.

Fermin performs his daily and economic activities in the city of Paucarbamba, he works in the construction of houses and other projects, he also works in agriculture and raising livestock. It's been a few years since he started this business and he does well thanks to the effort he puts in his work.

Fermin needs the loan to buy more small animals like cuyes.

Fermin is thankful for the opportunity provided through this loan and commits to make the repayments according to schedule. Fermin belongs to the community bank "Immaculate Conception of Pachar" from the Arariwa Association in the city of Urubamba.
View original language description ↓
Fermin nació en la comunidad de Paucarbamba y vive en la misma comunidad donde nació, él tiene 62 años de edad y tiene una relación de unión libre de la cual tiene tres hijos.

Fermin desarrolla sus actividades cotidianas y económicas en la ciudad de Paucarbamba, él se dedica a la construcción de obras y casas, él también se dedica a la agricultura y ganadería. Ya son varios años que se dedica al negocio y le va muy bien gracias al empeño que pone en su trabajo.

Fermin requiere el préstamo para comprar más animales menores como cuyes.

Fermin se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma. Fermin pertenece al banco comunal “Inmaculada Concepción de Pachar” de la Asociación Arariwa de la ciudad de Urubamba.

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
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fermin to buy small animals like cuyes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012