A loan of $1,000 helped to sew Santa Claus costumes and take advantage of the Christmas season to bring in some extra income.

Uldarico's story

This borrower is a member of the "Qorichuspa" communal bank, a group that is located in the Huanchac district of the province and department of Cusco.

This borrower is Mr. Uldarico, who is 62 years old. He is married and has seven children. He sews costumes for every occasion, as well as seat cushions, bed covers, and other items. He makes these in his spare time, as he also works in the telephone business. He is on the verge of retiring and then he will fully dedicate himself to his home business.

At the moment, he would like a loan to buy fabric and ribbon to make Santa Claus costumes, in order to bring in some extra income in this season. He is requesting this loan to capitalize on the Christmas celebrations by making Santa Claus costumes.

Mr. Uldarico is happy to receive this loan and he promises to comply with his repayments according to the established terms.

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Translated from Spanish by Kiva volunteer Katie Kavanagh

Loan details

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Loan details