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Erison
Our member is Sr. Erison who belongs to the “Tercer Milenio” Communal Bank in the Province of Urubamba in Cusco, Perú. Some time ago, he backed a construction business that he established with his brother. The business produces concrete blocks or bricks for building construction. Thanks to the growth of this business, our member has been able to increase his income and in this way he improved the quality of life of his entire family.

Erison will invest the loan in purchasing raw material to produce his bricks; in this case he will buy cement and crushed stone. His great dream is to have his business grow and develop into a regional consulting firm.

He is grateful to Kiva for allowing him to develop his business and continue to grow even more
View original language description ↓
Nuestro socio es el señor Erison, él pertenece al banco comunal “Tercer Milenio” de la Provincia de Urubamba del Cusco – Perú. Nuestro socio apostó hace algún tiempo al negocio de la construcción, formando al lado de su hermano una empresa de fabricación de bloquetas o ladrillos de concreto, para la construcción de edificaciones y edificios, gracias al crecimiento de esta empresa, nuestro socio ha podido incrementar sus ingresos económicos y de esta manera mejoró la calidad de vida integral de su familia. El señor Erison invertirá su préstamo para comprar la materia prima que le permita producir sus ladrillos, en este caso comprará cemento y piedra chancada.
El gran sueño de Erison es hacer crecer a su empresa y desarrollarse como una empresa consultora a nivel regional.
Erison agradece a KIVA por permitirle desarrollarse con su actividad y seguir creciendo cada vez mas.

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
  • 50
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Erison to purchase cement and ground stone.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012