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Gabino
The communal bank "Andrés Avelino Caceres" is composed of responsible persons and workers that are moving their families forward. The majority of the members live in the city of Cusco where they practice their economic activities. Cusco is known for being a zone for tourism and commerce because of its traditional festival of Inti Raymi and because one can find one of the seven wonders of the world "Machupicchu" there.

Gabino is 63 years old, is married, and the fruit of this beautiful relationship is his three children. He was born in the district of Sicuani of the Canchis province section of Cusco, but he lives in the pretty city of Calca. Gabino's primary economic activity is the sale of knitted artisan crafts . He sells his products on the street in the cities of Calca, Pisaq and Ollantaytambo. 10 years have passed during which he has dedicated himself to this business and it is going very well. For this opportunity, Gabino requires a loan to buy mechandise like, for example, blankets, scarves and hats.
View original language description ↓
El banco comunal “Andrés Avelino Cáceres” 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”.

Gabino tiene 63 años de edad y es casado y fruto de esta hermosa relación tiene tres hijos, él nació en el distrito de Sicuani de la provincia de Canchis departamento del Cusco pero vive en la hermosa ciudad de Calca. Su actividad económica principal de Gabino es la venta de artesanía de tipo tejido, él vende sus productos de forma ambulatoria en las ciudad de Calca, Pisaq y Ollantaytambo. Ya son diez años que se dedica a este negocio y le va muy bien. En esta oportunidad Gabino requiere el préstamo para comprar mercadería como por ejemplo mantas, chalinas y chullos.

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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Gabino to purchase merchandise like, for example, blankets, scarves and hats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2012
Listed
Jan 16, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012