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Marco
Marco is 50 years old and married with seven children. He was born in the Ollantaytambo District in Urubamba Province and currently lives in the town of Cantuta. He's a carpenter and makes tables, chairs, armoires, and other items. At the moment, Marco needs this loan to buy materials such as wood and nails.

Marco is a member of the Nueva Vision de Rumichaca communal bank, a group of 19 members who live in Urubamba Province, located north of the city of Cusco on the banks of the Vilcanota River. The area is known as the Sacred Valley for its mild climate, fertile soil, and abundant streams that make this valley one of the most beautiful on the planet.
View original language description ↓
Marco tiene 50 años edad y es casado y fruto de esta unión tiene siete hijos, él nació en el distrito de Ollantaytambo de la provincia de Urubamba y actualmente vive en el poblado de la Cantuta de la provincia de Urubamba, él es carpintero y se dedica a la elaboración de mesas, sillas, roperos y otras cosas más. En esta oportunidad Marco requiere el préstamo para comprar materiales como madera y calvos.

Marco es integrante del banco comunal “Nueva Vision de Rumichaca”. Este grupo está conformado con 19 socios que viven en la provincia de Urubamba. La provincia de Urubamba está ubicada al norte de la ciudad del Cusco, a orillas del río Vilcanota, en una zona que se conoce como el “Valle Sagrado” debido a su clima templado, tierra fértil y abundantes riachuelos, que hacen de este valle uno de los más bellos del planeta.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Marco to buy materials such as wood and nails.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Dec 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012