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Cirila

Update on Cirila

The member used to have a business selling milk but didn’t do too well. Now, she’s in the business of raising livestock and farming. She farms potatoes, barley, corn and wheat that she then sells at the various street markets in Anta District. She’s able to support her children through these businesses. Her dream is to expand the cattle raising and the farming. She’s requesting the loan to buy seeds for her fields and also to buy feed for the cattle. She’s happy with the loan and committed to make her installment payments.
View original language description ↓
La socia anteriormente se dedicaba al negocio de venta de leche pero no le fue muy bien,ahora se esta dedicando al negocio de ganaderia y tambien a la agricultura,ella siembra papa,cebada,maiz y trigo y luego lo vende en las diferentes ferias que existe en el distrito de Anta,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es ampliar el negocio de ganaderia y agricultura.La socia solicita el préstamo para comprar semillas para su terreno de agricultura y tambien para comprar alimentos para los ganados.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Cirila says she was born in the community of Tambo Real in Anta Province, Department of Cusco, Peru. She is 49 years old, married, and has five children. Cirila currently lives in the same community where she was born and has developed her business activities. She sells milk from her home to c... More from Cirila'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
  • 113
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Cirila to buy animal feed and seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2012
Listed
Jan 27, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012
This photo was used before for a previous loan for Cirila. It was first posted on Kiva on Jul, 2011. Learn More