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Rosalio
Rosalío, 46, is from the city of Yucay and belongs to Asociación Arariwa’s “Reyna de Los Ángeles” (Queen of Angels) communal bank. He has a son named Juan Carlos who is 14 years old.

Rosalío is a hardworking, responsible father who works transporting products from the city of Urubamba to Cusco and vice versa Tuesdays, Thursdays and Saturdays. His commercial activity starts at 9pm when the owner of the merchandise has him loan the vegetables. He leaves Urubamba at 10pm and arrives in Cusco at 11pm. He unloads merchandise until 2 or 3 in the morning and then goes to sleep. He returns to Urubamba the next day bringing back foodstuffs like rice, sugar, noodles, etc.

His dream is to buy himself a house in the city of Yucay and a truck and to do so he’s saving up. He needs the loan to buy foodstuffs like rice, sugar and noodles, for example. He is grateful for the opportunity provided through this means and at the same time commits to make his installment payments according to the timeframe.
View original language description ↓
Rosalio, tiene 46 años, es natural de la ciudad de Yucay y pertenece al banco comunal “REYNA DE LOS ANGELES” de la Asociación Arariwa, él socio tiene un hijo llamado Juan Carlos que tiene 14 años. Rosalio es un padre trabajador y responsable y que se dedica a transportar productos de las Ciudades de Urubamba a Cusco y viceversa, los días martes, jueves y sábado su actividad comercial empieza, cuando a las 9 de la noche la dueña de la mercadería hace cargar sus verduras. El socio sale de la ciudad de Urubamba a las 10 de la noche y llega a la ciudad del Cusco a las 11 de la noche, él socio hace descarga los productos hasta las 2 o 3 de la madrugada y después él socio se va a dormir. El socio regresa al día siguiente a la ciudad de Urubamba llevando comestibles como por ejemplo arroz, azúcar, fideos, etc. El anhelo del socio es comprarse una casa en la ciudad de Yucay y un camión, él para lograr sus sueños esta ahorrando. El socio requiere el préstamo para comprar comestibles como por ejemplo arroz, azúcar y fideos. El socio se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,388,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosalio to buy foodstuffs like rice, sugar and noodles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012