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Martin Alexander
Martin lives in the city of Pilcopata with his family and has for several years earned a living baking bread (Pilcopata is located in the Kosñipata District in Paucartambo Province in Cusco, Peru).

Martin has earned a reputation for hard work and trustworthiness and, thanks his efforts, belongs to the Las Girasoles" [Sunflowers] Communal Bank. Martin is applying for a loan to purchase supplies, such as sacks of flour. He is grateful for the loan and appreciates how it will help his business, so he is committed to making monthly payments in full and on time.
View original language description ↓
Martin vive en la ciudad de Pilcopata junto con su familia y es considerado como una persona trabajadora y responsable, él se dedica a la elaboración de panes. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo, él pertenece al banco comunal “Los Girasoles” y esta oportunidad requiere el préstamo para comprar insumos como por ejemplo sacos de harina. Agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales con mucha responsabilidad. (La ciudad de Pilcopata está ubicado en distrito de la Kosñipata de la provincia de Paucartambo, Cusco, Perú).

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
  • 117
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Martin Alexander to purchase supplies such as sacks of flour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014