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Juan Gualberto
This member is Señor Juan. He belongs to the “Ahorro es progreso” ["Saving is progress"] bank in the Saylla district of the city of Cusco, Peru. He is a young local municipal worker, but apart from his work in the public institution, he also has a small truck with which he provides a transportation service for construction materials such as sand, stone, and bricks.
His vehicle needs general maintenance, and it is for this purpose that he will invest this loan. He will purchase spare parts and accessories to keep his vehicle in working order.
Juan's great dream is to be able to buy a larger vehicle for this second job in order to make a better income.
Juan thanks Kiva for allowing him to develop his second job.
View original language description ↓
El socio es el señor Juan, él pertenece al banco “Ahorro es progreso” del distrito de Saylla de la ciudad del Cusco – Perú. El socio es un joven trabajador de la municipalidad de su distrito, pero aparte de su trabajo en la institución pública, también tiene un pequeño volquete y con el realiza servicio de transporte de materiales para la construcción como arena, piedras o ladrillos.
El socio necesita hacerle un mantenimiento general a su vehículo, y para ello invertirá su préstamo, y le comprará repuestos y accesorios para mantenerlo operativo.
El gran sueño de Juan es poder comprar un vehículo mas grande para hacerlo trabajar en su actividad alterna y así percibir mejores ingresos.
Juan agradece a KIVA por permitirle desarrollarse con su actividad altenativa.

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
  • 75
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Juan Gualberto to buy spare parts and accessories for his vehicle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013