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Aurelio Martin

Update on Aurelio Martin

Sr. Aurelio Martin is a member of the Communal Bank "Virgen Guadalupe-Cusco", which is located in the District, Province, and Department of Cusco.

He continues to provide taxi services by traveling through the different streets of Cusco. Aurelio works from 6am to approximately 10pm. He is a responsible and industrious individual who wants to continue working in his business so that he can get ahead. The loan he is requesting will be used for automobile maintenance and to buy tires.

Aurelio is pleased with the loan and promises to complete his payments.

View original language description ↓
El socio pertenece al banco comunal “VIRGEN GUADALUPE-CUSCO”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Aurelio Martin; el socio continua brindando el servicio de taxi por las diferentes calles del Cusco, el socio trabaja desde las 6:00 a.m hasta las 10:00 p.m aproximadamente,el socio es una persona responsable y empeñosa ,el socio desea poder continuar trabajando en su negocio siendo de esta manera que el sale adelante.

El socio solicita el préstamo para el mantenimiento de su carro y comprar llantas.

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

Previous Loan Details

This member belongs to the communal bank "VIRGEN GUADALUPE-CUSCO", which is located in the district, province and department of Cusco. Mr. Aurelio Martin, age 24, is single and works as a taxi driver. He uses his own vehicle to provide services throughout the city of Cusco from 6:00 a.m. to 1... More from Aurelio Martin's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Aurelio Martin to pay for vehicle maintenance and to buy tires.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 22, 2012
Jun 6, 2012
Currency Exchange Loss:
Oct 15, 2012
This photo was used before for a previous loan for Aurelio Martin. It was first posted on Kiva on May, 2011. Learn More