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Judit

Update on Judit

Judit is still working as a teacher and still selling notions like brushes, mirrors, buttons and needles among other items with her daughter. She supports her children through these businesses and she wants to expand the business so is asking for a loan to buy buttons, needles, thread and mirrors at wholesale. She is happy about the loan and commits to make her installment payments.
View original language description ↓
Judit se sigue dedicando al trabajo como profesora en y tambien esta vendiendo pasamaneria como escobillas,espejos,botones,agujas entre otros productos junto a su hija,por medio de este negocio la socia saca adelante a sus hijos,la socia quiere ampliar el negocio de pasamaneria. La socia solicita el préstamo para comprar botones,agujas,hilos y espejos al por mayor.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Judit was born in the city of Abancay in the department of Apurímac. She is 54 years old and lives in the city of Izcuchaca, in the province of Anta and the department of Cusco. She has two children. Judit is a nurse and works at the PRONEI (National Program of Early Education). She also has ... More from Judit'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
  • 40
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Judit to buy buttons, needles, thread and mirrors at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Nov 20, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Judit. It was first posted on Kiva on Apr, 2011. Learn More