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Update on Zoraida

Zoraida is asking for a loan in order to supply her little grocery store and she wants to buy, for example, bags of rice, bags of sugar, large containers of milk, beans and other items.

The last loan helped her to increase her sales, which increased her profits and enabled her to feed and educate her children. She is very grateful for the loan and she promises to make her payments on time.
View original language description ↓
La socia Zoraida está solicitando el préstamo para abastecer su pequeña tienda de abarrotes y desea comprar por ejemplo sacos de arroz, sacos de azúcar, tarros de leche, menestras y otras cosas más. El anterior crédito a la socia le ayudo para incrementar sus ventas por lo tanto obtuvo buenas ganancias de la cuales lo destino para la alimentación y educación de sus hijos. La socia está feliz por el préstamo y se compromete a cumplir con los pagos de sus cuotas.

Previous Loan Details

The member belongs to the "CHASKA ÑAHUI” community bank. The bank is located in the district of Cuzco, belonging to the province of Cuzco and departament of Cuzco. The member is Zoraida. She is 65 years old, seperated and has 4 children. She has a grocery store where she sells basic necessity... More from Zoraida'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
  • 152
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Zoraida to buy bags of rice, bags of sugar, large containers of milk, beans and other items to supply her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 13, 2011
Oct 15, 2011
Currency Exchange Loss:
Mar 15, 2012
This photo was used before for a previous loan for Zoraida. It was first posted on Kiva on Mar, 2011. Learn More