Check out some available loans that are similar to this one!
Edith Elena

Update on Edith Elena

Edith continues her business of buying and selling clothing. She would like this loan to be able to invest in clothing for the Christmas season. She’s gotten many orders from customers. She will buy jeans, polo shirts for women and men, belts, and wallets. She is a hardworking woman and would like to continue growing financially and be able to start a more formal business.
View original language description ↓
La socia es la Sra. Edith; continua con su negocio de compra y venta de ropa, la socia en estas fiestas navideñas desea poder invertir el credito en la compra de ropa a pedido que le han hecho sus clientas y viajar para traer pantalones jeans, polos femeninos y de varones, correas, carteras. La socia es una mujer muy trabajadora y desea seguir creciendo economicamnete para poder establecer un negocio mas formal. La socia soliciat el prestamo para invertir en la compra de ropa para damas y de carteras y correas.

Previous Loan Details

Edith Elena, 39, is a member of the “RICCHARY CUSCO” communal bank located in Cusco district which is part of Cusco province, Cusco department. She is single and has a son. She alternates her daily chores with clothing sales. She sells pants, blouses, sweaters and polo-type shirts. She brings… More from Edith Elena'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
  • 77
    View loans »
    Peru Loans Fundraising
  • $53,932,650
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Edith Elena to fill customer orders.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 4, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Edith Elena. It was first posted on Kiva on Dec, 2010. Learn More