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Anonymous

Update on Anonymous

The member continues her beauty salon business. She continues buying products and accessories to implement her beauty salon. She has grown and improved her business, and now she wishes to invest in the purchase of brushes, fine dyes, coloring, bleaches, curlers, and other supplies.
View original language description ↓
La socia continua con su negocio y su salón de bellezaella continua comprando productos y accesorios para implementar el salon de belleza, ella amplio y mejoro su negocio y ahora desea invertir en la compra de cepillos, tintes finos, colorantes, decolorantes, bigudies entre otros.

Previous Loan Details

The member belongs to the “Yahuar Maqui” communal bank located in Cusco District belonging to Cusco Province and Cusco Department. She is 40 years old and lives with her spouse; she has three children. She alternates her daily chores with running a beauty salon and selling beauty products. ... More from Anonymous'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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped this borrower to purchase beauty supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012