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Marco Angel
Marco Ángel belongs to the “Inmaculada Concepción De Pilcopata” communal bank and the bank’s meetings take place monthly in the city of Pilcopata in Paucartambo Province, Cusco Department.

Marco Ángel is 53 years old and has six children. He was born in the city of Pilcopata and this is where he carries out his economic activities. For the last 27 years Marco Ángel has been providing car repair and car washing services.

On this occasion, Marco Ángel needs the loan to buy tools like drills, polishers, wrenches and compressors. Marco Ángel is grateful to Asociación Arariwa because it was the first financial entity that lent him capital for his machine shop. He values and appreciates the loan and commits to make his monthly payments.
View original language description ↓
Marco Angel pertenece al banco comunal “Inmaculada Concepcion De Pilcopata” y las reuniones de las socias del banco comunal son cada treinta días en la ciudad de Pilcopata de la provincia de Paucartambo del departamento del Cusco.

Marco Angel tiene 53 años de edad y tiene seis hijos, él nació en la ciudad Pilcolpata y donde realiza sus actividades económicas. Marco Angel desde hace 27 años que se dedica a la brindar servicio de lavado de carros y mantenimiento de carros.

En esta oportunidad Marco Angel requiere el préstamo para comprar herramientas como por ejemplo taladros, esmeriles, llaves y compresoras. Marco Angel se encuentra agradecido a la Asociación Arariwa por que fue la primera entidad financiera que le préstamo capital para el taller mecánico.

Marco Angel agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales.

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
  • 105
    View loans »
    Peru Loans Fundraising
  • $56,740,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Marco Angel to buy tools.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012