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Richard Augusto
Richard is a member of the community bank “Imasumac II.” He was born in the city of Cusco and lives in that same city where he was born. He has a small shop in his home where he repairs cars. He needs a loan to buy materials for his work, like pistons, lubricants, and other things. He appreciates the support that he has been given and he also promises to repay his loan in a timely fashion.
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Richard pertenece al banco comunal “Imasumac II”, él nació en la ciudad del Cusco y vive en la misma ciudad donde nació, él tiene un pequeño taller en su domicilio donde repara autos, él requiere el préstamo para comprar materiales de trabajo como por ejemplo pistones, lubricantes y otras cosas más, él agradece el apoyo que se le otorgara y así mismo se compromete a cumplir con los pagos de las cuotas.

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
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,090,825
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Richard Augusto to buy materials for his business, like pistons, lubricants, and other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Nov 5, 2012
Currency Exchange Loss:
Mar 15, 2013