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Feliciano

Update on Feliciano

Sr. Feliciano is 30 years old and single. He continues to work at a public institution and now he also has a grocery store where he sells basic necessities such as rice, sugar, milk, cookies, and oil. Feliciano works with his partner and they are able to move forward together. His dream is to expand his grocery store. The loan he is requesting will be used to buy products for cooking such as rice, sugar, milk, and oil in bulk.


Feliciano values and appreciates the loan that has been provided. He promises to complete the payment of his debts in a disciplined manner.

View original language description ↓
El Sr. Feliciano, es soltero y tiene 30 años de edad, el socio sigue trbajando en una empresa publica y tambien ahora tiene una tienda de abarrotes donde vende productos de primera necesidad como arroz,azucar,leche,galletas y aceite,el trabaja junto con su esposa y asi juntos salen adelante,el sueño del socio es ampliar la tienda de abarrotes. El socio solicita el préstamo para comprar productos para cocinar como arroz,azucar,leche y aceite al por mayor.

El socio valora y agradece el préstamo otorgado y se compromete a cumplir con el pago de sus deudas de forma disciplinada.

Previous Loan Details

This member belongs to the “SAN RAFAEL” community bank. The bank is located in the district of Huanchac, province and department of Cuzco. Feliciano is single and 30 years old. He works in the I.N.C. Ministry of Culture. He works in the area of research. At the same time, he has his celular p... More from Feliciano'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
  • 111
    View loans »
    Peru Loans Fundraising
  • $56,069,225
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Feliciano to buy rice, sugar, milk, and oil in bulk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 20, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012
This photo was used before for a previous loan for Feliciano. It was first posted on Kiva on Apr, 2011. Learn More