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Livia

Update on Livia

The borrower is currently engaged in buying clothes wolesale from different large stores in Lima, Bolivia and others and sells them retail in Cusco. The borrower travels to buy wholesale clothes for ladies, men and children for later resale. The borrower has a stand at a well-known commercial centre in the city. The borrower has grown a lot economically and also now she has her stand she continues to work twice as much as her number of customers increased. She wants to invest the loan in buying clothes wholesale and offer this seasons latest fashion developments of the capital from the different stores and factories located there. The borrower wants to invest the laon to buy clothes wholesale.
View original language description ↓
La socia actualemnte se dedica a la compra la por mayor D. ropa D. las diferentes tiendas grandes en Lima, Bolivia y otras y los venD. al por menor en Cusco, la socia viaja a comprar ropa para damas, caballeros y niños y los trae para vender ella actualmente tiene su stand en un conocido centro comercial D. la ciudad, la socia ha crecido mucho economicamente y tambien ahora que tiene su stand sigue trabajando el doble porque sus clientes aumentaron y ella desea invertir el prestamo para la compra D. ropa al por mayor y traer en esta temporada las nuevas novedades D. la capital del país y D. las diferentes tiendas y fabricas que estan allá. La socia desea invertir el prestamo en la compra D. ropa al por mayor.

Previous Loan Details

Livia is a member of the "MOSOQ RUNA” community bank which is located in Cusco district, province and department. Livia is 56 years old, married, and has 5 children. She divides her time between her daily activities and her business selling American clothes. She travels to Bolivia in order to… More from Livia'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
  • 54
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Livia to buy clothes wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Livia. It was first posted on Kiva on Mar, 2011. Learn More