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Update on Anonymous

The member is 30 and lives with her partner and their 2 children. She continues to work in her knitware business. She has a workshop where she knits pants, sweaters, and scarves for children and babies. She sells them to different stores that carry knitware. The member works from 8 am to 7 pm and with this business she has been able to get her children ahead.

She would like to expand her knitware sales business and she is requesting a loan to buy supplies such as wool, thread, zippers and buttons to knit sweaters and pants, and also to service her machines.
View original language description ↓
La socia tiene 30 años de edad y es conviviente y tiene 2 hijos; La socia se sigue dedicando al negocio de tejidos,ella tiene un taller de tejidos donde teje pantalones,chompas y chalinas para niños y bebes,ella distribuye a diferentes tiendas donde venden tejidos,la socia trabaja desde las 8:00 a.m hasta las 7:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,la socia quiere ampliar el negocio de venta de tejidos. La socia solicita el préstamo para comprar materiales como lana, hilos, cierres y botones para tejer las chompas y pantalones y también para el mantenimiento de las maquinas.

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

Previous Loan Details

The member belongs to the “Nueva Generación III” (New Generation III) communal bank located in Cusco District belonging to Cusco Province and Department. She is 30 years old and has a spouse and two children. She alternates her daily chores with selling knitwear. She has knitting machines ... 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

  • $12,000
    Average annual income
  • 112
    View loans »
    Peru Loans Fundraising
  • $59,072,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped this borrower to buy supplies like wool, thread, zippers and buttons to knit sweaters and pants and also to service her machines.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 8, 2011
Nov 11, 2011
Currency Exchange Loss:
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