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Faustino
Faustino, 67, is a widower and has two children. He belongs to Asociación Arariwa’s “Esmeralda” (Emerald) communal bank. He’s originally from the city of Acomayo but lives in the beautiful city of Cusco. He’s a hardworking, responsible father who supports his family. He repairs shoes; he has a small workshop equipped with the basics. On this occasion, Faustino needs the loan to buy work supplies like soles, leather, thread, shoe polish and others. Faustino is grateful for the opportunity provided by this means and commits to make his payments as scheduled.
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El socio Faustino tiene 67 años de edad y es viudo pero tiene dos hijos, él pertenece al banco comunal “Esmeralda” de la Asociación Arariwa y es natural de la ciudad de Acomayo pero vive en la hermosa ciudad del Cusco, él es un padre trabajador y responsable que saca adelante a su familia, él se dedica a la renovación de calzados y tiene un pequeño local donde está equipado con la necesidades básicas. En esta oportunidad el socio Faustino requiere el préstamo para comprar materiales de trabajo como por ejemplo suela, cuero, hilos, cremas de zapatos y otras cosas más.

El socio Faustino se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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
  • 57
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Faustino to buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013