The member, Jorge Eduardo, is 47 years old and married with three children. He alternates his daily activities with his job as a university professor, and also works in agriculture in his spare time. He is the owner of a plot of land where he grows potatoes, corn, and vegetables and then sells them independently.
He wants to build his house. He requested the loan to buy construction materials to build his house.
He is happy about the loan and promises to make his payments on time.
El socio es el Sr. Jorge Eduardo; el tiene 47 años de edad y es casado y tiene 3 hijos; El socio alterna sus actividades diarias con el trabajo como profesor del nivel universitario y también se dedica en sus tiempos libres a la agricultura, el es propietario de un terreno donde cultiva papa, maíz y verduras y luego los vende en forma independiente, el socio quiere construir su casa. El socio solicita el préstamo para comprar materiales de construcción para construir su casa.
El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Important InformationAbout 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid