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Teofilo is a member of the communal bank QORI ORCCO. He is 60 years old, married, and has three children. He alternates his daily activities with his multiple service business. He sells different types of products, i.e. books, gifts, and clothing, among others. He is a happy and responsible person with lots of desire to continue working for his family. He works from approximately 9:00 am to 9:00 pm every day. This is how he helps his family to get ahead.
Teofilo is requesting the loan to purchase merchandise, such as sweaters, for his business.
View original language description ↓
EL socio pertence al banco comunal QORI ORCCO;el socio Teofilo tiene 60 años,casado y tiene 03 hijos;el socio alterna sus actividades diarias con el negocio de multiservicios ,el vende diferentes tipos de productos de libreria,regalos,ropa entre otros,el socio es una persona alegre y responsable con muchas ganas de continuar trabajando por su familia,el socio trabaja todos los dias en su negocio desde las 09:00am hasta las 09:00pm aproximadamente,siendo de esta manera que el socio saca adelante a su familia.
El socio solicita el credito para la compra de mercaderia como chompas para su negocio.

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
  • 131
    View loans »
    Peru Loans Fundraising
  • $58,884,300
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
A loan of $1,350 helped Teofilo to purchase merchandise, such as sweaters, for his business.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 14, 2012
Jun 24, 2012
Currency Exchange Loss:
Jul 24, 2012