A loan of $1,000 helped to buy and renovate a vehicle to rent.

Migdonio's story

Migdonio is a policeman in Quispancanchis. He and his wife plan to start a side business renting cars. He will use this loan to buy and fix up a vehicle to rent for 150 nuevo sol per day.

Migdonio is 41 years old and is married with three children – 11, 5 and a 1-year-old baby. He is a client of Asociación Arariwa and part of a communal bank consisting of 26 members in Cusco. The group is called "El Amanecer", which means "Daybreak" in Spanish. He is from Convención and lives in Cusco.

Migdonio appreciates, and thanks you for, the loan and promises to make the monthly payments on time.

Loan details

Lenders and lending teams

Loan details