Update on Juana NatividadCurrently she is a duck merchant but she wants to use the loan to buy products like potatoes and sausages at wholesale and as well as a food cart to start selling ‘salchipapas’ [fast food consisting of fried potatoes and fried sausages]. She is very anxious to get started and see how she does in the business. She is a very hardworking woman who wants to continue to grow to set a good example for her children and provide them with a good quality of life. She is asking for the loan to buy potatoes, sausages and a food cart to get ready to start selling.
Previous Loan DetailsJuana is a native of the city of Urcos in the Quispicanchis province of the department of Cusco. She belongs to the communal bank "Qori Orcco" which is part of the Arariwa Association. Juana is 52 years old, married, and has 3 children. Two of the children are no longer dependent but the last ... More from Juana Natividad'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.
130View loans »
Success!! The loan was 100% repaid