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Fanny

Update on Fanny

The borrower is Fanny. She is 38 years old and in a common law marriage. She has three children. She continues her business breeding animals like guinea pigs and hens. She no longer sells frozen potatoes because it wasn't very profitable. She feeds and raises animals for later resale at various markets. She works form 8:00 am until 5:00 pm. She wants to grow and improve her animal breeding business. She is asking for a loan to buy animals like guinea pigs and hens in quantity.

Fanny is thankful for the support given to her, and she is committed to repaying her loan in a disciplined manner.
View original language description ↓
La socia es la Sra. Fanny; la socia tiene 38 años de edad, la socia es conviviente, La socia tiene 3 hijos. La socia se sigue dedicando al negocio de crianza de animales como cuyes y gallinas,ella ya no se dedica al ngeocio de venta de papa helada poruqe no le da mucha ganancia,ella hace engordar y crecer a los animales y luego lo vende en los diferentes mercados,ella trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia quiere ampliar y mejorar el negocio de crianza de animales. La socia solicita el préstamo para comprar animales como cuyes y gallinas al por mayor.

La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

Previous Loan Details

Fanny, 38, is a member of the “Sumac Ayllu” communal bank located in Huanchac District in Cusco Province and Department. She has a spouse and three children who are 17, 15 and 10 years of age. She is a retailer. She has a stand in the market. She’s a frozen potato merchant. She also raises... More from Fanny'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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Fanny to buy animals like guinea pigs and hens in quantity.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012
This photo was used before for a previous loan for Fanny. It was first posted on Kiva on Jul, 2011. Learn More