Check out some available loans that are similar to this one!
Percy
Percy belongs to the communal bank "Señor de los Temblores II" in the city of Cusco, Peru. He is 34 years old, married, and has two children. He works making all kinds of metal structures, an activity he has been doing for many years, and which is the main source of income in his household.

Percy is applying for a loan to buy a machine that will allow him to bend iron tubes, which will save him time and give his work a better finish. Percy thanks KIVA for allowing him to outfit his workshop and improve his work.
View original language description ↓
El socio es el señor Percy, él pertenece al banco comunal “Señor de los Temblores II” de la ciudad del Cusco – Perú. Percy tiene 34 años de edad, está casado y tiene 2 hijos. Percy se dedica a la fabricación de estructuras metálicas de todo tipo, actividad que viene desarrollando hace algunos años y que le representa los principales ingresos económicos para el mantenimiento de su hogar. Percy está solicitando un préstamo para comprar una maquina que le permita doblar tubos de hierro, la cual le permitiría ahorrar tiempo y además darle un mejor acabado a su trabajo.
Percy agradece a KIVA por permitirle implementar su taller y mejorar en su trabajo.

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
  • 116
    View loans »
    Peru Loans Fundraising
  • $55,266,250
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Percy to buy a machine to bend metal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013