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Rene
The member, Rene, is engaged in the taxi service business. He provides taxi service on various streets of the city, working from 8:00 a.m. until 10:00 p.m. The member has been engaged in this business for several years now, and it is going very well. His dream is to purchase a new car.

He is requesting the loan in order to purchase tires for his car. The member is happy about the loan, and he is committed to making his payments.
View original language description ↓
El socio Rene se dedica al negocio de servicio de taxi,el socio hace servicio de taxi en las diferentes calles de la ciudad,el socio trabaja desde las 8:00 a.m hasta las 10:00 p.m,el socio ya tiene varios años en este negocio y le va muy bien,el sueño del socio es comprarse un carro nuevo.El socio solicita el credito para comprar llantas para su carro.

El socio está feliz 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

  • $12,000
    Average annual income
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rene to purchase tires for his car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014