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Update on Clotilde

The borrower is still buying and selling jewelry, perfumes and creams by catalog. She also makes good use of the fact that she is a teacher, and takes products to her school to distribute among her co-workers.

She is a very hard-working woman, and now that classes have started, she wishes to invest in the purchase of jewelry, perfumes, and other products that are on sale, so that she can sell them, and earn something extra.
View original language description ↓
La socia continua trabajando con la compra y venta de joyas, perfumes, cremas y otros por catalogos, ella tambien aporvecha quee s docente y lleva a su institucion a repartir a sus compañeras, la socia es una mujer muy trabajdora y ahora que comenzo las clases escolares la socia desea invertir en la compra de joyas, perfumes y otros productos en oferta para que ella pueda venderlos y ganar algo extra.

Previous Loan Details

Clotilde belongs to the "Siempre Unidos" ("Always United") Community Bank and is a native of the Santiago neighborhood in the city of Cusco, Peru. She is 60 years old, separated from her husband, and alternates her activities from her household obligations to buying and selling jewelry door to do... More from Clotilde'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
  • 107
    View loans »
    Peru Loans Fundraising
  • $59,072,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Clotilde to buy jewelry, creams and perfumes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Mar 2, 2012
Mar 18, 2012
Currency Exchange Loss:
Aug 15, 2012