Update on HaydeeThe associate Haydee belongs to the communal bank “IMASUMAC II” and still lives in the city of Cusco where she also conducts her economic activities. Haydee is no longer engaged in the selling of food because it went very poorly. However, she is an entrepreneurial and hard-working woman who continues moving forward. Now she sells ice cream out of a cart. At this time Haydee needs a loan to buy more ice cream. The associate Haydee gives thanks for the support that has been given and at the same time she is committed to comply in a disciplined manner with the loan repayments.
La socia Haydee ya no se dedica a la venta de comida pues le fue muy mal pero ella es una mujer emprendedora y trabajadora sigue adelante pues ahora se dedica a la venta de helados de forma ambulatoria. En esta oportunidad Haydee requiere el préstamo para compra mas helados.
La socia Haydee 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 DetailsThe member belongs to the communal bank ”IMASUMAC II” which is located in the district of Huanchac in the province of Cusco and department of Cusco. The member is Sra. Haydee. She is 38 years old, married and has 4 children aged 17, 15, 13 and 5 years. The member makes and sells different kind... More from Haydee'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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