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Anonymous

Update on Anonymous

This client continues with the business he started and still travels constantly to the beautiful district of Quiquijana, where native traditional folklore and ancient methods of living are kept alive. The member takes care of his crop of corn. On this occasion, he is removing weeds from his farmland and also helping his mother who drives a school vehicle.

The member wants to invest in the purchase of compost and to pay someone to remove weeds from his cornfield. He will also help his mother with her vehicle.
View original language description ↓
El socio sigue con su negocio inicial y sigue viajando constantemente a ún bello Distrito en la provincia de Quispicanhis donde aún se conserva el folklore tipico y oriundo de la zona, al igual que su modo de vida ancestral, el socio cuida de su cultivo de maíz y en esta ocasión el socio deshierbara su terreno de cultivo y tambien apoyara a su mamá en la mobilidad escolar, el socio desea invertir en la compra de abono y para el pago para deshierbar su terreno de cultivo de maíz y apoyar a su mama con la mobilidad.

Previous Loan Details

This borrower is a member of the "Liderando Las Palmeras" community bank which is located in Cusco district, in Cusco province and department. The borrower is 24 years old and single. He divides his time between his daily activities and his business raising guinea pigs. He owns a plot of lan... More from Anonymous'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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped this borrower to buy compost, pay for labor to remove weeds, and cover the costs related to his mother's vehicle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on Jun, 2011. Learn More