Update on DorisDoris is a member of the communal lender “IMASUMAC II”, and lives and works in Cusco. Doris makes and sells juices in one of the most popular city markets of Cusco. With a former loan she was able to increase her working capital and was able to better provide for her children. With this credit she wants to buy items such as fruit and sugar in order to prepare more juices. Doris is very grateful for the support offered and is committed to disciplined repayment of the funds.
La socia Doris sigue dedicando a la elaboración y a la venta de jugos en uno de los mercados más populares de la ciudad del Cusco. Con el anterior préstamo pudo incrementar el capital del negocio y obtuvo buenos beneficios como por ejemplo dar mejor alimentación a sus hijos. En esta oportunidad requiere el préstamo para comprar insumos como por ejemplo frutas y azúcar para seguir preparando más jugos.
La socia Doris agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.
Previous Loan DetailsDoris is a member of the "Imasumac II" community bank which is located in Huanchac district, in Cusco province and department. Doris is 28 years old and single. Her business is selling juice and she has a stand in one of the markets in the city. She buys fruit to make her different daily jui... More from Doris's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid