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Roy
This member belongs to the communal bank KIMOYGANAKERA MAGANIROIGI from the district of Echarate, which is located in the province of La Convencion and belongs to the Cusco office.

Roy works in agriculture. He has a field where he grows bananas, coffee, mandarins, oranges and cocoa. He works from 6:00 am until 5:00 pm. He has been in this business for several years and he is very successful.

He dreams of expanding his land so he can grow more. He is asking for a loan to buy seed and fertilizer.

He is happy with the loan system and is committed to meeting the monthly payments.
View original language description ↓
El socio pertenece al banco comunal “KIMOYGANAKERA MAGANIROIGI”; El banco está ubicado en el distrito de Echarate, perteneciente a la provincia de La Convención y departamento de Cusco.

El socio Roy se dedica al negocio de agricultura, el socio tiene un terreno donde cultiva platanos,cafe,mandarinas, naranjas y cacao, el socio trabaja desde las 6:00 a.m hasta las 5:00 p.m,el socio ya tiene varios años en este negocio y le va muy bien, el sueño del socio es ampliar su terreno de cultivo.El socio solicita le crédito para comprar semillas y fertilizantes.

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


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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).

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About Peru

  • $6,715
    Average annual income
  • 53
    View loans »
    Peru Loans Fundraising
  • $53,895,075
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Roy to buy seed and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014