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Guadalupe

Update on Guadalupe

Guadalupe continues making her living by selling pork, lamb and beef. She sells in the market from 8 a.m. until 7 p.m. Through this business, she wants to help her children get ahead. Her dream is to sell meats wholesale and distribute meat to the different stores that sell it. She requested the loan to purchase beef, pork and lamb at wholesale.

She is happy for the loan and commits to make her repayments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de carne de chancho,carne de cordero y carne de res,ella vende en el mercado desde las 8:00 a.m hasta las 7:00 p.m,la socia por medio de este negocio quiere sacar adelante a sus hijos,el sueño de la socia es vender al por mayor la carne y distribuirlo a las diferentes tiendas que venden carne.La socia solicita el credito para comprar carne de res,cerdo y cordero al por mayor.

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

Previous Loan Details

Guadalupe was born in the city of Cusco and is 34 years of age. She lives in a common law marriage and has three children. Currently, Guadalupe lives in the city where she was born and where she works. She sells wholesale meat in one of the most visited markets in the city of Cusco. It ha... More from Guadalupe'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
  • 107
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Guadalupe to purchase beef, pork and lamb at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Dec 24, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012
This photo was used before for a previous loan for Guadalupe. It was first posted on Kiva on Sep, 2011. Learn More