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Cesar Agusto

Update on Cesar Agusto

This member belongs to the “HUAYNA PICCHU” communal bank. The bank is located in the district of Cuzco in the province and department of Cuzco.

His name is Cesar; and he continues with his business making different types of t-shirts, sweatshirts, jackets and more. He has a stand in one of the artisanal craft centers in Cuzco where he sells his merchandise to his customers who order from him. He also distributes his merchandise wholesale. He has been in this business for years and it is going well for him thanks to to the hard work he puts into it.

He is asking for th loan to buy fabric wholesale for his business.

Cesar is grateful to the people who are a part of this dream in this way and he is committed to making his payments on time.
View original language description ↓
El socio pertenece al banco comunal “HUAYNA PICCHU”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Cesar; el socio continua con su negocio de fabrica de confeccion ,el confecciona diferentes tipos de polos,busos,casacas entre otros,el socio cuenta con un stand en uno de los centros artesanales de Cusco donde vende su mercaderia a sus clientes que le solicitan , a la vez tambien distribuye al por mayor su mercaderia,el socio lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio.

El socio solicita el credito para la compra de telas al por mayor para su negocio.

El socio agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

Cesar is a member of 'Huayna Picchu' community bank which is located in Cusco district, in Cusco province and department. Cesar is single and has two children. He is a retail businessman and has a stand in a craft center. He makes polo shirts, jackets, track suits and turtleneck sweaters wit... More from Cesar Agusto's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $6,715
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,161,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Cesar Agusto to buy fabrics wholesale for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Cesar Agusto. It was first posted on Kiva on Feb, 2012. Learn More