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Manuel Concepcion
Manuel continues to be dedicated to the business of the restaurant. He prepares breakfasts, lunches, and dinners. He also sells chicha de jora (a traditional Peruvian beverage) and frutillada (a blend of chicha and strawberries). He has worked in this business for many years. His dream is to expand the restaurant. He is requesting the loan to purchase rice, chicken, and vegetables for the restaurant.

He feels grateful for the loan and is committed to fulfilling the payment installments.
View original language description ↓
El socio Manuel se sigue dedicando al negocio de restaurant,el socio prepara desayunos,almuerzos y cenas,el socio tambien vende chicha de jora y frutillada,el socio ya tiene varios años en este negocio,el sueño del socio es ampliar el negocio de restaurant.El socio solicita el credito para comprar arroz,pollo y verduras para el restaurant.

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

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
  • 111
    View loans »
    Peru Loans Fundraising
  • $56,753,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Manuel Concepcion to buy rice, chicken, and vegetables for the restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014