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Update on Susan

This associate continues with her business of selling computer accessories and laptops out of her home. The associate has expanded her business to accommodate the computers and laptops. She is requesting a loan to buy glass cases to display her computers, as well as comupters.
View original language description ↓
La socia continua con su negocio de venta de accesorios de computadoras y de computadoras portatiles en su domicilio. La socia a ampliado su negocio para acomodar sus computadoras y sus portatiles. y tambien invertir en la compra de un par de computadoras mas; La socia solicita el prestamo para comprar vitrinas y computadoras y así acomodar sus laptops.

Previous Loan Details

Susan is 31 years old, single, and a native of Cusco. She is a member of the Communal Bank “Emprendedores de San Cristobal”, which is part of Asociación Arariwa. Susan and her boyfriend have a small business selling computer accessories out of her home. She says this business started when s... More from Susan'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
  • 166
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Susan to purchase glass cases and laptops.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 7, 2012
Feb 21, 2012
Currency Exchange Loss:
Jul 15, 2012