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Ruben
This borrower, Ruben, is 30 years old and belongs to the communal bank “Señor de Qoyllority de Lucre”, part of the MFI Asociación Arariwa. His main business is running his own bar where he offers many different types of alcoholic drinks. At this time he is asking for a loan in order to maintain the bar and make improvements to some of the tables and chairs. He is very grateful to those who will help this dream come true, and he promises to comply with all loan repayments as scheduled.
View original language description ↓
El socio tiene 30 años de edad y pertenece al banco comunal “Señor de Qoyllority de Lucre” de la Asociación Arariwa. Su actividad económica principal es la administración de su propio bar donde expende diferentes bebidas alcohólicas. En esta oportunidad requiere el préstamo para hacer mantenimiento del bar es decir va arreglar las sillas y mesas. 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.

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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,968,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ruben to make improvements to the bar (to fix chairs and tables).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013