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Juana

Update on Juana

Juana continues in her business selling sweets. She has a cart where she sells lollipops, candies, cookies and soda. She works with her little cart as an itinerant street vendor. She works from 8.00am to 6.00pm and, through this business, she provides for her children. Juana would like to expand and improve her business selling sweets. She is requesting this loan to buy cookies, candies, lollipops and soda wholesale.

Juana is happy to be receiving her loan and pledges to make her repayments on time.
View original language description ↓
La socia Juana se sigue dedicando al negocio de venta de golosinas,ella tiene una carreta donde vende chupetes,caramelos,galletas y gaseosas,ella tiene su carreta en forma ambulatoria,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,la socia quiere ampliar y mejorar el negocio de venta de golosinas.La socia solicita el credito para comprar galletas,caramelos,chupetes y gaseosas al por mayor.

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

Previous Loan Details

The “Vamos Juntas” (Together) Communal Bank meets every month in the city of Cusco. This place is known for being a zone with a lot of tourism, its commerce, and for its traditional “Inti Raymi” (Festival of the Sun) festivities. It is also known because it is where one of the seven wonders of… More from Juana'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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,968,650
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Juana to buy cookies, candies, lollipops and soda wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Juana. It was first posted on Kiva on Aug, 2011. Learn More