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Henry Richard
Henry is 23 years old and he lives in a common-law marriage, from which he has one child. Henry was born in the city of Puerto Maldonado but he now lives in Cusco, where he carries out his economic activities. Henry works in the bus station of the city of Cusco in one of the travel agencies in the area of the ticket booths. He has been working there for the past five years and it is going well. Henry and his wife have a small family business selling candy, cakes, coffee, juices and mate. This time Henry needs a loan to buy products such as cakes, sugar, flour, sodas and other items.

The communal bank "Nueva Esperanza" consists of responsible, hard-working people who help their families get ahead. The majority of its members live in the city of Cusco, where they carry out their economic activities. Cusco is renowned for being a tourist and commercial area, for its traditional celebration of Inti Raymi and because it is located near to one of the seven wonders of the world "Machupicchu".
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Henry tiene 23 años de edad y tiene una relación de unión libre de la cual tiene un hijo, él nació en la ciudad de Puerto Maldonado pero vive en la ciudad de Cusco y donde realiza sus actividades económicas. Henry trabaja en el terminal terrestre de la ciudad del Cusco en una de las agencias de viajes en el área de venta de boletos. Ya son cinco años que trabaja en el terminal terrestre y le va muy bien. Henry y su esposa tienen un pequeño negocio familiar de venta de golosinas, tortas, café, jugos y mates. En esta oportunidad Henry requiere el préstamo para comprar productos como por ejemplo tortas, azúcar, harina, gaseosas y otras cosas más.

El banco comunal “Nueva Esperanza” está conformado por personas responsables y trabajadores que sacan adelante a su familia. La mayoría de los socios viven en la ciudad del Cusco y donde realizan sus actividades económicas. Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 97
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Henry Richard to buy products such as cakes, sugar, flour, sodas and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012