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Lilian

Update on Lilian

Lilian keeps on working with and supporting her husband in his carpenter’s workshop. She is a very hardworking woman, she supports her husband anyway she can and she has learnt a lot about her husband’s job. In this occasion she is requesting a loan to invest it in the purchase of wood in order to finish working on various products such as doors and window frames.
View original language description ↓
La socia continua con su negocio y apoyando a su esposo con la carpinteria, ella es una mujer muy trabajadora y apoya en todo lo que puede y a aprendido mucho del trabajo que realiza su esposo, en esta ocasion la socia desea invertir el prestamo en la compra de madera para terminar de elaborar los diferentes trabajos como puertas y marcos de ventanas.



Previous Loan Details

Doña Lilian is a partner of the community bank "SIEMPRE UNIDOS, she is from the neighborhood of Santiago of the town of Cusco.

The partner is 39 years old, married, with 2 children, she does the chores as well as helping her husband at his carpenter's workshop and she requests the loan in… More from Lilian'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

  • $6,715
    Average annual income
  • 55
    View loans »
    Peru Loans Fundraising
  • $53,914,550
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lilian to buy wood for her carpenter's workshop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012