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Yoni

Update on Yoni

Yoni keeps on running her activity, selling small animals such as chickens and hens. In this occasion she is requesting a loan to inverts is in the purchase of 1000 chickens - together with the loan her husband has requested - and 2000 hens. Yoni and her husband run a small farm in their house and both of them will invest in the purchase of chickens and hens to improve their activity and to grow economically. In the future she wants to have her own capital and to be one of the big suppliers of chickens and hens of her town. At the moment Yoni has many requests to satisfy and she wants to invest the loan in the purchase of 1000 chickens and 2000 hens.
View original language description ↓
La socia Yoni continua con su negocio de compra y venta de animales menores como son los pollos y gallinas, la socia en esta ocasión desea el credito para invertir en la compra de 1000 pollos junto al credito de su esposo y 2000 gallinas; la socia tiene una pequeña granja en casa e invertiran en la compra de pollos y gallinas para aumentar su negocio y crecer economicamente. La socia desea a futuro tener su propio capital y ser una de las proveedoras grandes dentro la ciudad de venta de pollos y gallinas. La socia tiene varios pedidos en esta fecha y desea invertir el prestamo en la compra de 1000 pollos y de 2000 gallinas.

Previous Loan Details

Ms. Yoni is part of the Communal Bank "Nueva Luz del Mañana" ["Tomorrow's New Light"] from the Arawira Association in the Province of Cuzco, Department of Cuzco. She lives with her life partner, she is 40 years old and is a mother to three children.

Her character and her wish of fulfilling ... More from Yoni'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
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,069,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Yoni to buy 1000 chickens and 2000 hens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012