Check out some available loans that are similar to this one!
Eudocia

Update on Eudocia

This member has a shop where she sells mostly “chicha”, a traditional beverage of the Incas. Making “chicha” involves the use of ground yellow corn. She wants to invest in the purchase of yellow corn for making “chicha”.
View original language description ↓
La socia tiene su chichería es un local en el cual vende principalmente la bebida tipica de los incas, la elaboración de la chicha es a base de maíz amarillo macerado, la socia desea invertit en la compra de maíz amarillo y en la elaboración de la chicha.

Previous Loan Details

Eudocia, age 67, is widowed and has one son. She is a member of the communal bank “LAS TRIUNFADORAS”; the bank is located in the district Andahuaylillas of the Quispicanchis province which is part of the Cusco department. Eudocia divides her time between her daily activities and her business of… More from Eudocia'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

  • $6,715
    Average annual income
  • 73
    View loans »
    Peru Loans Fundraising
  • $53,936,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Eudocia to buy yellow corn for making "chicha".
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012