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Update on Jaime

The borrower is 30 years old and single. He works in construction and is a builder who constructs homes and also paints homes. He works from 7:00 am until 5:00 pm. Through this business, he wants to get ahead. He want to improve in his work as a builder. He is asking for a loan to buy tools for work.

He is thankful for the support he’s been given, and he is committed to repaying his loan in a disciplined manner.
View original language description ↓
El socio tiene 30 años de edad, el socio es soltero, El socio se dedica a la construcción,el es albañil realiza trabajos de construccion de casas y tambien pintado de casas,el socio trabaja desde las 7:00 a.m hasta las 5:00 p.m,por medio de este negocio el socio quiere salir adelante,el socio quiere mejorar en trabajo como albañil. El socio solicita el préstamo para comprar herramientas para su trabajo.

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

This member belongs to the communal bank "SUMAC AYLLU" which is located in the district of Huanchac in the province and department of Cusco. He is 29, single, and in the construction business. With the loan he is requesting, he wants to buy machinery for his work, as well as a mixer and motor... More from Jaime'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
  • 178
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jaime to buy tools for construction work.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 19, 2011
Oct 26, 2011
Currency Exchange Loss:
Mar 15, 2012
This photo was used before for a previous loan for Jaime. It was first posted on Kiva on Jul, 2011. Learn More