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Update on Antonia

Antonia currently farms her corn and potato fields but also continues with her adobe factory. She hires personnel to manufacture adobes that she has sales contracts for. Adobe manufacturing has been growing which is why on this occasion she wants to use the loan to buy a generator, wheelbarrows and straw, among other adobe making supplies. In the future she’d like to have a large adobe manufacturing factory to be able to sell outside her town and supply adjacent communities. She requests the loan to buy wheelbarrows, a generator and straw among other adobe making materials.
View original language description ↓
La socia Antonia actualmente se encuantra trabajando sus terrenos de cultivo de maíz y papa, la socia tambien sigue con su fabrica de adobes, ella contrata personal para la fabricacion de adobes y ella tiene los contactos para la venta, la socia ha crecido en cuanto a la produccion de adobes motivo por el cual ella en esta ocacion desea invertir el prestamo en la compra de motobomba, carretillas, paja entre otros materiales para elaborar adobes. La socia desea a futuro tener una fabrica grande de elaboración de adobes para poder vender fuera de sus poblado y abastecer a las otras comunidades adyacentes. La socia soliciat el prestamo para invertir en la compra de carretillas, motobomba, paja entre otros materiales para elaborar adobes.

Previous Loan Details

Antonia was born in Vilcabamba community, in Caicay district, in Paucartambo province, in Cusco department. She is 45 years old, has six sons, and lives in the town where she was born. Antonia's business is making adobe bricks which are used in building houses. She has two employees who ma... More from Antonia'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
  • 115
    View loans »
    Peru Loans Fundraising
  • $60,091,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Antonia to buy wheelbarrows, a generator, straw and other adobe making supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 4, 2011
Nov 15, 2011
Currency Exchange Loss:
Jun 15, 2012