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Justina

Update on Justina

Justina now continues with her business of selling “chicha de jora” (a corn-based drink). She buys yellow corn and prepares the chicha de jora.

In order to increase her sales, she needs a loan on this occasion to buy yellow corn, hens, and guinea pigs. She also wants to buy feed for her small animals.

She supports her children’s higher education. In the future she wishes to implement her place and have her income grow.

She is requesting the loan to buy yellow corn to make chicha de jora. She will also buy hens and guinea pigs.
View original language description ↓
La socia actualmente sigue con su negocio de venta de jora, ella compra maíz amarillo y prepara la chicha de jora, la socia tambien se dedcia ala crianza de animales menroes y en esta ocasion para incrementar sus ventas requiere invertir el prestamo en la compra de maíz amarillo y en en la compra de gallinas y cuyes; La socia tambien desea comprar alimento para sus animales menores, la socia apoya en los estudios superiores de sus hijos y desea implementar a futuro su local y que sus ganancias crezcan. La socia solicita el prestamo para invertir en la compra de maiz amarillo para la preparacion de chicha de jora, y e la compra de gallinas y cuyes.









Previous Loan Details

Justina was born in Vilcabamba community, in Caicay district, in Paucartambo province, in Cusco department. She is 44 years old, has four children, and lives in Huambutio community (Huambutio community is noted for its beautiful landscape, as well as its farming and livestock raising. It is loc... More from Justina'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
  • 100
    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 $575 helped Justina to buy yellow corn to make chicha de jora, hens, and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012