Check out some available loans that are similar to this one!
Custodio

Update on Custodio

The 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 Custodio. He continues with his business selling artisanal crafts. He has been in this business for some time and it is going well for him for him thanks to the hard work he brings to it every day. He has a store where he sells his merchandise of textiles and blankets to his customers who order from him. He is a responsible and dedicated person and this is the way he gets his family ahead.

Custodio is asking for the loan to buy blankets wholesale for his business and for some personal expenses.

He is happy with the loan and 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. Custodio; El socio continua con su negocio de venta de artesania,el socio lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,el socio cuenta con una tienda donde vende su mercaderia de textiles y mantas a sus clientes que le solicitan,el socio es una persona responsable y empeñosa siendo de esta forma que el socio saca adelante a su familia.

EL socio solicita el credito para la compra de mantas al por mayor para su negocio y para algunos gastos personales.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

The member belongs to the Huayna Picchu community bank. The bank is located in the district of Cusco, belonging to the province and department of Cusco. The member is Custodio. He is 43 years old and lives with his partner and has one son. He alternates his daily work with a business selling c... More from Custodio'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

  • $12,000
    Average annual income
  • 104
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Custodio to buy blankets wholesale and to pay some personal expenses.
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 Custodio. It was first posted on Kiva on Jul, 2012. Learn More