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Milton
Milton was born in the district of Challabamba and lives in the district he was born in. (The district of Challabamba is located in the province of Paucartambo in the region of Cusco, Peru). He is 45 years old and is married; his beautiful relationship to his wife has led them to have three children. Milton is a responsible father who tries to help his family get ahead; he works for a company. In addition, he has a small business that sells a special dish, Roasted Chicken. He has been in this food business for three years now and the business is doing very well; however, he always needs funds in order to purchase supplies. A neighbor invited him to be part of the community bank "Virgen de Chanca" where he would be lent money to purchase more supplies. Today, he is requesting the loan to purchase more supplies, such as chicken and potatoes. He is grateful to all those who make the loan possible and commits to pay back on time.
View original language description ↓
Milton nació en el distrito de Challabamba y vive en el mismo distrito donde nació. (El distrito de Challabamba está ubicado en la provincia de Paucartambo del departamento del Cusco, Perú). Él tiene 45 años de edad, es casado y fruto de esta hermosa relación tiene tres hijos.

Milton es un padre responsable que saca adelante a su familia pues él trabaja en una entidad pública y también se dedica a la venta de un plato especial (Pollos a la Brasa). Ya son tres años que tiene negocio de comida y le va muy bien pero siempre necesita capital para comprar mercadería o insumos entonces una vecina le invitó a participar del banco comunal “Virgen de Chanca” donde le prestaría dinero para comprar más insumos hoy en día él requiere el préstamo para comprar más insumos como por ejemplo pollos y papas. Agradece a todas las personas por el préstamo pues se compromete a pagar puntual sus cuotas.

Additional Information

More information about this loan


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
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,919,550
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Milton to purchase more supplies, such as chicken and potatoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013