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Ricardo
38-year-old Ricardo is married with three beautiful children. He was born in the city of Urubamba but currently lives in the district of Yucay in the Urubamba province. He is a carpenter and has a small carpentry workshop at home where he makes beautiful tables, chairs, wardrobes, desks and other furniture.

Ricardo requires this loan to buy materials for his business, such as wood. Her dream is to open his own store for the sale and exhibition of his wooden furniture in the city of Yucay.

Ricardo is a member of the communal bank "Nueva Visión de Rumichaca", made up of 19 members living in Urubamba province. Urubamba is located north of Cusco, along the Vilcanota River in an area known as the "Sacred Valley" due to its mild climate, fertile soil, and abundant streams, making this one of the most beautiful valleys in the world.
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Ricardo tiene 38 años edad y es casado y fruto de esta hermosa relación tiene tres hijos, él nació en la ciudad de Urubamba pero actualmente vive en el distrito de Yucay de la provincia de Urubamba, él es carpintero y tiene un pequeño taller de carpintería en su domicilio donde fabrica hermosas mesas, sillas, roperos, escritorios y otras cosas más.

En esta oportunidad Ricardo requiere el préstamo para comprar materiales como por ejemplo madera. Su sueño de Ricardo es abrir una tienda de venta y exhibición de muebles de madera en la ciudad de Yucay.

Ricardo es integrante del banco comunal “Nueva Visión 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
  • 69
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ricardo to purchase materials such as wood.
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