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Narciso
Our member's name is Narciso and he belongs to the communal bank "Los Lideres" in the city of Cusco - Perú. He earns a living in the craft business, mainly with embroidery and frilly elements. He has been in business several years, being able to support his family and give his children an education. Therefore he is requesting a loan to buy fabric, lace and thread for his embroidery production and be able to continue his activity.

Narcisco is very grateful to KIVA for allowing him to stay in this activity and be able to support his family.

He is grateful for the loan and committed to paying it back on time.
View original language description ↓
Nuestro socio es el señor Narciso, él pertenece al banco comunal “Los Lideres” de la ciudad del Cusco - Perú, nuestro socio se dedica a la artesanía, principalmente a los elementos bordados y adornos, con esta actividad que realiza hace muchos años a podido mantener a su familia y brindar educación a sus hijos, por ello invertirá el préstamo solicitado para comprar telas, encajes e hilos para la producción de sus bordados y continuar asi con su actividad.
Narciso está muy agradecido con KIVA por permitirle mantenerse en su actividad y por apoyarlo con su familia.
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
  • 80
    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 $200 helped Narciso to buy thread, lace and fabric.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012