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The "Amistad Cusqueña" communal bank meets every thirty days in the city of Cusco. (Cusco is well-known for being a very touristic and commercial area. It is also known for its "Inti Raymi" traditional festival and because you find one of the seven wonders of the world there - Machu Picchu).

Member Armando was born in the city of Quillabamba but he lives in the beautiful city of Cusco. He is 28 years old and still single. He earns a living as a taxi driver. On this occasion he needs a loan to maintain his car. He is happy with the loan and promises to make his repayments on time. He is thankful for the help provided to him.
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El Banco Comunal “Amistad Cusqueña” se reúne cada treinta dias en la ciudad del Cusco. (Cusco es lugar conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”)

El socio Armando nació en la ciudad de Quillabamba pero vive en la hermosa ciudad del Cusco, tiene 28 años de edad y todavía es soltero. Su actividad económica principal es brindar servicio de taxi. En esta oportunidad requiere el préstamo para hacer mantenimiento del carro. Se encuentra contento por el préstamo pues se compromete a pagar sus cuotas puntualmente y agradece por la ayuda brindada.

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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
  • 86
    View loans »
    Peru Loans Fundraising
  • $63,797,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Armando to maintain his car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 14, 2013
Mar 1, 2013
Currency Exchange Loss:
Jun 17, 2013