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Gabriela

Update on Gabriela

Gabriela is 45 years old. She is continuing with her business of selling meals in the market. She has improved her quality of life and that of her family with the investments she is making.

Now she also raises small animals such as guinea pigs, pigs and poultry. On many occasions she prepares food with the meat that she herself raises. She has been taking out loans to invest in her food stall; to buy tables, chairs, utensils and other things,

On this occasion she wishes to improve and replace some utensils, such as cutlery, glasses, and plates for serving the meals. She wishes to buy containers for taking food to her customers businesses. She also wants to use the loan to buy ingredients for preparing dishes, such as rice sold wholesale in bags, cooking oil in barrels, and other things. She is applying for the loan to buy utensils for the business, and ingredients for making food dishes.
View original language description ↓
La soica actualmente tiene 45 años de edad; la socia sigue con su negocio propio de venta de comidas en el mercado, la socia ha mejorado su calidad de vida y la de su familia con las inversiones que realiza, ella ahora también cría animeles menores como cuyes, chanchos y aves de corral en muchas ocasiones ella prepara alimentos con la carne que ella misma cría; la socia ha estado sacando los prestamos para invertir en su puesto de venta de comida, e la compra de meza, sillas, utensilios y otros y en esta ocasión desea mejorar y renovar algunos utensilios como cubiertos, vasos y platos para servir las comidas, la socia desea comprar viandas para llevr los alimentos a los negocios de sus clientes, la socia también desea invertir el credito en la compra de insumos para la preparación de los potajes como arroz al por mayor en sacos, aceite en bidones y otros. La socia soliciat el prestamo para invertir en la compra de utensilios para el negocio y de insumos para la elaboración de los potajes.

Previous Loan Details

This is Gabriela. She is a member of the Communal Bank “Las Triunfadoras”, which is located in the district of Andahuaylillas and 5 minutes away from the city of Cusco. Gabriela is 43 years old, married, and has 2 adult children. Her husband manufactures clothing. She is dedicated to her s... More from Gabriela'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
  • 122
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Gabriela to buy utensils for her food stall business, and ingredients for making the dishes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Oct 19, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012