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Marco Antonio
Marco Antonio is a member of the “QORICHUSPAS” Communal Bank in the city of Cuzco, Perü. He is a young father, who is married with two children. He sells general handicraft items and distributes them in the main tourist markets in the city.

At this time he is requesting a loan to purchase merchandise, such as sweaters, scarves, hats, ceramic ornaments, utilitarian objects and jewelry, in order to capitalize on the Christmas season. Marco Antonio is very grateful to KIVA for enabling him to support himself and get ahead in his business, which provides the main source of financial support for his family and the means to give his children a better education.
View original language description ↓
Marco Antonio es el socio que pertenece al banco comunal “QORICHUSPAS” de la ciudad del Cusco – Perú. El señor Marco Antonio es un joven padre de familia, casado y con 2 hijos, se dedica a la comercialización de elementos de artesanía en general y los distribuye en las principales ferias turísticas de la ciudad. Marco Antonio en esta oportunidad está solicitando su préstamo para comprar mercadería como chompas, bufandas, gorros, adornos cerámicos, utilitarios y bisutería para capitalizarse para la campaña navideña. Marco Antonio está muy agradecido con KIVA por permitirle mantenerse y desarrollarse en su actividad económica, la ciual representa el principal ingreso económico de su familia y la oportunidad de proporcionarles una mejor educación a sus 2 hijos.

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
  • 50
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Marco Antonio to purchase sweaters, scarves, hats, ceramic ornaments, utilitarian objects and jewelry.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013