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Samuel
The borrower, Samuel, was born in Cusco province, and lives in the same city where he was born. He is 44, in a common-law relationship, and has two children. He belongs to the “Los Comerciantes De Virgen Asunta” communal bank, and it is going very well, because he is making his installment payments on time.

He makes shoes, and has a small workshop in his home. He has been working in this business for several years now, and it is going very well.

On this occasion, Samuel needs the loan to buy work materials such as leather, thread, glue and other items. He is grateful for the loan, and promises to pay his installments in accordance with the repayment schedule.
View original language description ↓
El socio Samuel nació en la provincia de Cusco y vive en la misma ciudad donde nació, él tiene 44 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 confección de zapatos y tiene un pequeño taller en su domicilio. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Samuel requiere el préstamo para comprar materiales de trabajo como por ejemplo cuero, hilos, pegamento y otras cosas más. 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
  • 82
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Samuel to buy work materials such a leather, thread, glue and other items.
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