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Fredi is 20 years old and single. He lives in the Santiago district of the city of Cusco. Fredi works at a restaurant where he makes pizzas. He has done this work for eight months and with his earnings, he is paying for his studies at a culinary school in the city.

Fredi is asking for this loan to invest in his education and pay for his studies. He is very thankful to KIVA for helping him with his education and giving himself a better future. His dream in the future is to start a bakery and he is working and studying to make that happen. He hopes that his sacrifices give him results in the medium term. Fredi is a member of the Rumbo al Éxito-Santiago community bank in the city of Cusco, Peru.
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El socio es el señor Fredi, tiene 20 años de edad, y es soltero, vive en el distrito Santiago de la ciudad del Cusco, Fredi trabaja en un restaurante, donde se dedica a hacer pizzas. Fredi trabaja hace 8 meses en este rubro y con lo que gana se paga sus estudios de industrias alimentarias en un instituto de educación superior de la ciudad.
Fredi solicita el préstamo para invertirlo en su educación y pagar sus estudios, por ello está muy agradecido con KIVA por ayudarlo en su educación y procurarse un mejor futuro. Walter tiene un sueño a futuro, y es la de poner una panadería, por ello trabaja y estudia y espera que su sacrificio le de resultados a mediano plazo. Fredi pertenece al banco comunal “Rumbo al Éxito-Santiago” de la ciudad del Cusco – Perú.

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

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $59,005,925
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Fredi to pay for his studies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 4, 2012
Sep 15, 2012
Currency Exchange Loss:
Feb 15, 2013