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Marco Angel
Mr. Marco Angel N. is a native of Pilcopata, located in the Kosñipata district of the Paucartambo province, department of Cusco. His town is near the entrance of the Manu National Park, located some 8 hours from the city of Cusco.

Our client’s main business activity is agriculture (cassava, rice, and fruit), but he wants to alternate it with a new business, which is why he is requesting this loan. He owns a plot of land near the road to Cusco, and he would like to set up a well-equipped car wash on his property. He would especially like to purchase an air compressor, which is why he needs the loan. His would be the only car wash in the area, and this is one of his goals.

Our client is happy to be able to count on this support, and expresses his gratitude, committing himself to pay off his loan in the established time frame

View original language description ↓
El socio es el Sr.: MARCO ANGEL, el es natural de Pilcopata, situada en el distrito de kosñipata en la provincia de Paucartambo, correspondiente al departamento del Cusco, correspondiendo a la entrada al parque nacional del Manu, a 8 horas de la ciudad del Cusco.

El socio tiene como principal actividad la agricultura, (yuca, arroz, frutas), pero el la alterna con un nuevo negocio para lo cuál pide el préstamo, el tiene un terreno en la carretera que va hacia Cusco, y el desea poner un lava autos, dónde le permita tener maquinaria para engrasar, pulverizar y el desea comprar en especial una compresora, para lo cual requiere el préstamo, sería el único en la zona y es uno de sus proyectos.

Nuestro socio esta feliz de poder contar con este apoyo y manifiesta su agradecimiento y se compromete a cumplir con el pago de su préstamo en el tiempo programado.

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
  • 35
    View loans »
    Peru Loans Fundraising
  • $64,316,075
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Marco Angel purchase air compressor for car wash.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 15, 2009
Jun 1, 2009
Currency Exchange Loss:
Dec 15, 2009