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The borrower, Fabian, works in the transport business. He has a car that he uses as a taxi service. He works on different city streets from 7:00AM until 8:00PM. He has already been in this business for eight years and it is going very well. His dream is to have a new car. He is asking for a loan to pay for spare parts for his car.

He is happy about the loan and he promises to complete his payment according to schedule.
View original language description ↓
El socio Fabian se dedica al negocio de tranpsorte,el socio tiene un carro que hace servicio de taxi,el socio trabaja en las diferentes calles de la ciudad desde las 7:00 a.m hasta las 8:00 p.m,el socio ya tiene 8 años en este negocio y le va muy bien,el sueño del socio es tener un carro nuevo.El socio solicita el credito para comprar repuestos para su carro.

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
  • 47
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Fabian to pay for spare parts for his car that he uses as a taxi service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 15, 2012
Jan 1, 2013
Currency Exchange Loss:
Jun 17, 2013