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The member belongs to the communal bank "Durabank" located in the district of Cusco in the province and department of Cusco.

The member Abelardo is 47 years old, has two children and is married. He alternates his daily activities with his auto repair business which he has had for a number of years. It is going well for him thanks to the daily effort he puts into his work. The member works with automobiles that require maintenance and repairs among other things, and works from Monday to Saturday from approximately 8 a.m. until 7 p.m. The member is a responsible person and so he gets his family ahead.

The member is grateful for the loan he has been given and promises to make the established payments.
View original language description ↓
EL socio pertenece al banco comunal DURABANK, el banco está ubicado en el distrito de Cusco, provincia de Cusco y departamento de Cusco.

El socio Abelardo tiene 47 años de edad tiene 02 hijos y es casado, él socio alterna sus actividades diarias con su negocio de mecánica, el socio lleva años en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, él socio trabaja con autos que necesitan mantenimiento, reparaciones entre otros, el trabaja de lunes a sábado desde las 08:00am hasta las 07:00pm aproximadamente, él socio es una persona responsable siendo de esta forma que el socio saca adelante a su familia.

El socio solicita el crédito para la compra de algunos repuestos para su negocio.

El socio se siente agradecido por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

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
  • 105
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abelardo to purchase some spare parts for his automotive business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 20, 2012
Sep 22, 2012
Currency Exchange Loss:
Jan 15, 2013