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Evangelina

Update on Evangelina

Evangelina continues with her business of selling vegetables such as carrots, onions, tomatoes, and other items. She sells at the market from 7am to 6pm. Through this small business, she is able to help her children move forward. Evangelina’s dream is to have an expanded shop where she can sell vegetables. She is requesting a loan to buy tomatoes, carrots, onions, and cabbages.


Evangelina is happy with the loan and promises to complete her payments.

View original language description ↓
La socia Evangelina se sigue dedicando al negocio de venta de verduras,ella vende zanahorias,cebollas,tomates entre otras verduras,ella vende en el mercado desde las 7:00 a.m hasta las 6:00 p.m,por medio de este pequeño negocio la socia saca adelante a sus hijos,el sueño de la socia es tener un local amplio donde pueda vender las verduras.La socia solicita el credito para comprar tomates,zanahorias,cebollas,repollo.

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

Previous Loan Details

Evangelina was born in Paruro Province in the Department of Cusco. She is 43 years old, in a common-law marriage, and has three children.

Evangelina currently lives in Cusco, which is where she conducts her business activities. She sells vegetables at one of the most frequented markets in… More from Evangelina'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
  • 47
    View loans »
    Peru Loans Fundraising
  • $54,529,800
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Evangelina to buy tomatoes, carrots, onions, and cabbages in bulk.
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 Evangelina. It was first posted on Kiva on Sep, 2011. Learn More