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The member Jose was born in the province of Cusco and lives in the same city in which he was born. He is 36 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 things are going very well for him thanks to his punctual payments of the dues. He makes a living making shoes and has a small workshop, but he rents these premises. He's been making a living doing this business for several years now and things are going very well for him. At this time Jose needs the loan to buy work materials like leather, thread, glue, and other things. The member is grateful for the loan and commits himself to fulfilling his payments according to the payment schedule.
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El socio Jose nació en la provincia de Cusco y vive en la misma ciudad donde nació, él tiene 36 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 pero el local es alquilado. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Jose 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.

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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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Jose to buy work materials like leather, thread, glue, and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 19, 2012
Jul 22, 2012
Currency Exchange Loss:
Jan 15, 2013