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Martin
The borrower Martin was born in the department of Puno but lives in the beautiful city of Cusco. He is 38 years old and has a common law marriage from which he has two children. He belongs to the communal bank “Los Comerciantes de Virgen Asunta” and is doing very well thanks to the punctual payments of the fees. He works moving about as a traveling salesman and at this time needs a loan to buy buttons, needles and other things. He has been in this business for some years and it is going very well. The member is grateful for the loan and he agrees to comply with the payment of his fees in accordance with the payment schedule.
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El socio Martin nació en el departamento de Puno pero vive en la hermosa ciudad del Cusco, él tiene 38 años de edad y tiene una relación de unión libre de la cual tiene dos hijos, él pertenece al banco comunal “Los Comerciantes De Virgen Asunta” y le va muy bien gracias a los pagos puntuales de sus cuotas, él se dedica a la venta de manejeria de forma ambulatorio y en esta oportunidad requiere el préstamo para comprar botones, agujas y otras cosas más. Ya son varios años que se dedica a este negocio y le va muy bien. El socio agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

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
  • 75
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Martin to buy buttons, needles and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013