Check out other loans that are currently fundraising!
Julissa

Update on Julissa

Julissa sells clothing and shoes, which she buys in cities such as Tacna. She is an independent street vendor and works from 8:00 am until 6:00 pm. The member hopes this business will help her to get ahead. Her dream is to set up a location where she can sell her clothing and shoes. She is requesting the loan to purchase wholesale clothing such as pants, skirts, polo shirts, and sweaters as well as shoes. She is happy to be receiving the loan and is committed to making the payments on time.
View original language description ↓
La socia Julissa se esta dedicando al negocio de venta de ropa,venta de zapatillas,la socia trae de lugares como Tacna,ella vende en forma ambulatoria e independiente,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia quiere salir adelante,el sueño de la socia estener un local donde pueda vender la ropa y zapatillas.La socia solicita el credito para comprar ropa como pantalones,faldas,polos y chompas al por mayor y tambien para comprar zapatillas.

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

Previous Loan Details

Julissa was born in the Department of Cusco, in the South of Peru. Currently, Julissa is 35 years old. She is single, and has no children as of yet. Julissa lives today in the city where she was born, and this is where she works. She works as a housekeeper. On this occasion, Julissa is reques... More from Julissa'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
  • 88
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Julissa the member is requesting the loan to purchase wholesale clothing such as pants, skirts, polo shirts, and sweaters as well as shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Dec 20, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012
This photo was used before for a previous loan for Julissa. It was first posted on Kiva on Sep, 2011. Learn More