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Alberto
Alberto was born in the department of Cusco and still lives in the same town where he was born. He is 67 years old and lives with his common-law wife with whom he has two children. He belongs to Los Comerciantes De Virgen Asunta Community Bank, and all is going well as he makes his loan repayments punctually.

Alberto makes shoes and has a small workshop in his home. He's had the business for several years and is doing well. This time Alberto needs a loan to buy supplies such as leather, glue, thread, needles, polish etc. He is grateful for the loan and promises to make the repayments according to the established schedule.
View original language description ↓
El socio Alberto nació en el departamento de Cusco y vive en la misma ciudad donde nació, él tiene 68 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 Alberto requiere el préstamo para comprar materiales como por ejemplo cueros, pegamento, hilos, agujas, cremas 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
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,069,725
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Alberto buy supplies such as leather, glue, thread, needles, polish etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013