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Claudio

Update on Claudio

This member belongs to the community bank "Unidos Para el Triunfo" (United for Triumph). This bank is located in the Huanchac district in the province of Cusco, in the department of Cusco.

The member is Mr. Claudio. He still works buying and selling auto parts, and at the same time does technical support. He, along with his wife, fixes televisions and radios, among other things. He works in the center of the city, where he brings his professional services. He is a responsible and hard-working individual who wishes to continue working in order to continue supporting his family economically. He is asking for the loan to purchase tools such
as screwdrivers and pliers.

He is thankful for and values the loan he was given through Kiva, and in this same way he promises to pay the payments on-time.
View original language description ↓
El socio pertenece al banco comunal “UNIDOS PARA EL TRIUNFO”; este banco está situado en el distrito de Huanchac en la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Claudio; el socio continua dedicandose al negocio de compra y venta de repuestos para autos, a la vez el socio se esta dedicando al negocio de brindar servicio tecnico ,el arregla conjuntamente con su esposa televisores,radios entre otros,el socio tiene su local por el centro de la ciudad lugar donde brinda sus servicios profesionales,el socio es una persona responsable y empeñosa con muchas ganas de continuar trabajando para de esta manera seguir apoyando economicamente a su familia.
El socio solicita el credito para la compra de herramientas como desarmadores y alicates.

El socio agradece y valora el préstamo otorgado mediante este medio y del mismo modo se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

Claudio is a member of the communal bank "UNIDOS PARA EL TRIUNFO." The bank is located in the District of Huanchac, Province and Department of Cusco. Sr. Claudio is 45 years old and is married with 3 children. He buys, sells, and distributes auto parts. Claudio is seeking a loan to invest i... More from Claudio's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Claudio to buy tools like screwdrivers and pliers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 8, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012