Update on EtelvinaEtelvina currently makes and sells stuffed hot peppers for a living. She is a very enterprising woman and her business selling hot peppers is now independent and mobile. She buys hot peppers wholesale, cleans them, prepares the filling, and she rolls them in a layer of flour mixed with egg. In another pot she boils potatoes and then she takes everything in a pot wrapped up really well along with napkins and table cloths to sell to her different customers who know her and know her food tastes good. She is asking for a loan to buy hot peppers wholesale as well as ingredients to make her famous stuffed peppers with boiled potatoes.
Previous Loan DetailsEtelvina is 36 years old and lives with her partner. She has two children who are still living with her while they attend high school. She has a business selling typical Peruvian dishes on the street. Specifically, she sells coto relleno and french fries with chile. She is asking for a loan in… More from Etelvina's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid