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

Update on Elza

This member currently runs a welding workshop together with her husband. She also has a plaster quarry in Huacarpay. Together with her partner, she would like to buy materials such as iron to build her workshop and thereby better maintain it. She will buy iron and other materials to build her workshop.
View original language description ↓
La socia actualmente se dedica a la administración de su taller de de soldadura junto a su conyugue, la socia también tiene en Huacarpay su cantera de yeso, ella junto a sus pareja desea invertir en la compra de materiales como fierros para construir su taller y de este modo se mantendra mejor su taller, ella comprara fierros, entre otros materiales para construir su taller.

Previous Loan Details

Elza was born in the district of Caicay, which is in the province of Paucartamvo in the department of Cusco. She is 55 years old, and has four children. At present, she lives in the community in which she was born. Elza and her husband Rómulo have a workshop for producing metallic structures and ... More from Elza'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
  • 113
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Elza to buy iron and other materials to build her workshop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012