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Francisco
Francisco lives in the Huayllabamba Community, within the Huancarani district, in the Paucartambo province, Cusco department of Peru. He makes arts and crafts from alpaca and sheep wool. This time he needs a loan to buy supplies such as wool. He appreciates and values the loan and is committed to making his monthly payments responsibly. He is a member of the Panty Tikas de Huayllabamba communal bank and they meet at one of the member’s home every two weeks.
View original language description ↓
Francisco vive en la comunidad de Huayllabamba en el distrito de Huancarani dentro de la provincia de Paucartambo del departamento del Cusco, Perú. Su actividad económica principal es la elaboración de Artesanía como por ejemplo tejidos en base de lana de alpaca y oveja. En esta oportunidad requiere el préstamo para comprar materiales de trabajo como por ejemplo lana, él agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales con mucha responsabilidad. El cliente pertenece al banco comunal Panty Tikas de Huayllabamba y sus reuniones son cada treinta días en la casa de uno de los clientes.

Additional Information

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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
  • 122
    View loans »
    Peru Loans Fundraising
  • $55,277,200
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Francisco to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014