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Ana

Update on Ana

The member, Ana, continues farming and raising cows and small animals such as pigs, guinea pigs, and poultry and taking her little animals and crops to sell in different markets in Cusco. Now she wants to continue her businesses, to keep growing economically and to improve her sales. This has been a difficult year for agriculture since it rained a lot and almost ruined her crops. Ana wishes to use the loan to take her crops to sell by car to the city. She lives in a remote village and transportation is expensive. She will use the money to rent the transport to take her products for sale.
View original language description ↓
La socia Ana continua con la agricultura y a la crianza de vacas y animales menores como chanchos, cuyes, aves de corral, la socia sigue llevando sus animalitos y su produccion a vender en los diferentes mercados en la ciudad de Cusco. Ahora la socia desea continua con sus actividades y seguir creciendo economicamnete y mejorar sus ventas, a ella le ha sido muy dificil este año con la agricultura puesto que llovio mucho y casi malogra sus productos de cultivo. La socia desea el crédito para la compra cosechar sus tierras y llevar su produccion en carro hasta la ciudad, ella vive en una com¡unidad no muy accesible por ello le costara el transporte. La socia desea invertir el prestamo en el alquiler de transporte para llevar sus productos y venderlos.

Previous Loan Details

Ana belongs to the Virgen del Carmen de Yuncaypata Bank. This friendly bank is located 30 minutes from Cusco in the town of Yuncaypata. It is a typical small town that preserves its Andean heritage. The whole community supports each other whether by helping out during planting and harvesting time... More from Ana'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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ana to rent transportation to take her products for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012
This photo was used before for a previous loan for Ana. It was first posted on Kiva on Sep, 2011. Learn More