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Edwin
Edwin belongs to the bank “Ahorro es Progreso” in the district of Saylla in the city of Cusco in Peru. He is married and has one young son. He runs a restaurant where he mainly sells chicharrones, a fried snack made from pork. This delicious dish is very popular throughout the district.

He needs to invest in his business because a major festival is about to take place in his district. All of the chicharrón vendors in the community are invited to sell their products. He will buy pork and beer for this festival.

His greatest dream is to be able to build his own house so he can provide more stability for his family. He thanks Kiva for helping him to develop and maintain his business and thus be able to support his family.
View original language description ↓
El socio es el señor Edwin, él pertenece al banco “Ahorro es progreso” del distrito de Saylla de la ciudad del Cusco – Perú. El socio es casado y tiene 1 hijo pequeño; Edwin se dedica a administrar su restaurante donde principalmente vende chicharrones de cerdo, como la mayoría de comercios de este distrito caracterizado por la venta de este delicioso potaje.
El socio necesita capitalizar su comercio porque se aproxima una de las festividades más representativas de su distrito y en la cual todos los productores de chicharrones de esta comunidad están invitados para vender sus productos, así que comprará carne de cerdo y cerveza para dicho festival.
El gran sueño de Edwin es poder construir su casa para ofrecerle mayor estabilidad a su familia.
Edwin agradece a KIVA por permitirle desarrollarse y mantenerse con su actividad y apoyarlo con su familia.

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
  • 97
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Edwin to buy pork and beer.
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