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Aristides M
In the city of Calca, in Cusco department, there is a community called Arin. This place is known for its beautiful landscape, its cuisine, and the warmth of its people. Here a group of neighbors came together to create the 'Virgen Concebida de Arin' community bank.

Aristides is a member of this group. He is a master carpenter and has a small workshop in his home where he makes pieces of wooden furniture such as wardrobes, chairs, tables, etc. He has been in this business for a number of years and it is doing very well thanks to the effort that he puts into his work. When he has finished making his pieces of furniture, he sells them to people who have already placed orders with him. He will use the loan that he has requested to buy materials such as wood, carpenter's glue and sandpaper.

Aristides is a hard-working, tenacious man who has always known how to make progress, improve his life and get what he wants.
View original language description ↓
En la ciudad de Calca del departamento del Cusco, Hay un lugar conocido como la comunidad de Arin este lugar es conocido por sus paisajes hermosas, por su gastronomía y por la calidez de su gente. Donde un grupo de vecinos formaron el Banco Comunal “Virgen Concebida de Arin”.

El socio Aristides es maestro carpintero, el tiene su pequeño taller en su domicilio donde fabrica muebles de madera como por ejemplo roperos, sillas, mesas y otras cosas más. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. Posteriormente vende sus muebles a personas que le hicieron pedidos hace tiempo. El crédito que ha solicitado el socio Aristides será destinado para la compra de materiales como por ejemplo madera, cola de carpintero y lijas.

El socio Aristides es un hombre trabajador y empeñoso que siempre ha sabido salir adelante para mejorar en la vida y poder tener lo que quiere.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Aristides M to buy materials such as wood, carpenter's glue and sandpaper.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012