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Anonymous

Update on Anonymous

This member is 54, married, and has one child. She is still running her restaurant, but she is also selling salchipapas (a potato-based dish with fried sausages) at night. She also sells wool sweaters independently. She works from 7:00 am to 8:00 pm, and through all these businesses she is getting her children ahead. She wants to expand all three of her businesses. She is requesting this loan to purchase sausages and potatoes, and also to buy wool sweaters wholesale.

She is happy to have this loan and promises to complete all of her payments.
View original language description ↓
La socia tiene 54 años de edad y es casada y tiene 1 hijo; La socia sigue con se negocio de restaurant pero tambien por las noches esta vendiendo salchipapas que es un plato a a base de papas y salchichas fritas,la socia tambien se esta dedicando al negocio de venta de chompas de lana,ella vende en forma independiente,la socia trabaja desde las 7:00 hasta las 8:00 p.m,por medio de estos negocios la socia saca adelante a sus hijos,la socia quiere ampliar el negocio de venta de salchipapas y restaurant y tambien ampliar el negocio de venta de chompas de lana. La socia solicita el préstamo para comprar salchichas y papas y tambien para comprar chompas de lana al por mayor.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

This member belongs to the "Nueva Generacion III" community bank in the district of Cusco, Peru. She is 54 years old, married and has a son. She splits her time between her household responsibilities and her restaurant, where she prepares breakfast, lunch and dinner. She makes items such as soups,… More from Anonymous'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
  • 58
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped this borrower to purchase sausages and potatoes, and also to buy sweaters wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on Jul, 2011. Learn More