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Update on Ines

This member continues to run her small grocery store out of her home. She also cares for her youngest child and her young grandchildren. As with her previous loans, she will invest the loan in the purchase of basic necessity products that she sells daily such as sugar, rice, noodles, flour, milk, etc. She wants to invest in the purchase these products wholesale.
View original language description ↓
La socia continua atendiendo su pequeña tienda de abarrotes en su propia casa, la socia cuida y atiende a su ultimo hijo y a sus nietitos, ella como cada prestamo invierte en la comprar de productos de primera necesidad que salen a diario, como azucar, arroz, fideos, harinas, leche entre otros. La socia desea invertir en la compra de productos al por mayor.

Previous Loan Details

Our partner is Ms. Ines, she belongs to the "Mujeres Unidas" communal bank. The partner was born in the city of Cusco; she is 64 years old and has 6 sons and daughters aged 40, 36, 27, 25, 20 and 6 years old. She alternates her work at home with commerce. The partner has a small produce store in ... More from Ines'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
  • 175
    View loans »
    Peru Loans Fundraising
  • $60,197,200
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ines purchase basic necessity products wholesale for her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 13, 2012
Jan 26, 2012
Currency Exchange Loss:
Jun 15, 2012
This photo was used before for a previous loan for Ines. It was first posted on Kiva on Jan, 2010. Learn More