Jose Luis’s story
The borrower, José, belongs to the “NUEVA LUZ DE MAÑANA NRO II” communal bank. This bank is located in the district of Cusco, in the province and department of Cusco.
The borrower, José is a hard-working person. The borrower is 39 years old, single, and has a child. The borrower works at his grocery store business. The borrower has had this business for some time now and it is going well for him. The borrower has a great variety of prices and products. For his friendliness and good service, people go to shop at his store. The borrower works hard in his business to give his family a better quality of life.
The borrower asks for the loan to purchase rice, sugar, milk, and noodles.
The borrower is grateful to the Kiva investors and promises to make the established payments.
This loan is special because:
More about this loan
About Asociación Arariwa:
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).