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Ruben
The member Ruben runs a business selling natural products and works from 8:00 a.m. to 5:00 p.m. Ruben has had this business for four years, and it's prospering. His ambition is to expand the natural products business, and he is applying for a loan to purchase more inventory.

Ruben is happy about the loan and committed to making timely and full payments.
View original language description ↓
El socio Ruben se dedica al negocio de venta de productos naturales, el socio trabaja desde las 8:00 a.m hasta las 5:00 p.m,el socio ya tiene 4 años en este negocio y le va muy bien, el sueño del socio es ampliar el negocio de venta de productos naturales. El socio solicita el crédito para comprar productos naturales.

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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,953,975
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ruben to purchase natural products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2014
Listed
Aug 1, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015