Check out some available loans that are similar to this one!
Abelina

Update on Abelina

The member is Mrs. Abelina. She continues farming and also has small animals, such as guinea pigs, chickens, pigs, and sheep. She is also continuing with her general store. It has gone very well for her, and now she wants to be able to improve her general store. She wants the loan to be able to buy rice, sugar, pasta, and milk, among other items.
View original language description ↓
La socia es la Sra. Abelinaa; lcontinua trabajando con la agricultura y también tiene animales menores, como cuyes, gallinas, chanchos, ovejas, y tambien la socia continua con su tienda de abarrotes. a la socia le a ido muy bien y ahora desea poder implementar su tienda de abarrotes, para lo cual desea el credito y poder comprar arroz, azucar, fideos, leche entre otros.

Previous Loan Details

Abilina belongs to the "Virgen del Carmen de Yuncaypata" Village Bank. It's a very nice bank located thirty minutes from the city of Cusco, in the village of Yuncaypata, a typical village where they keep up all the Andean traditions and everyone lives together in the community, helping each othe... More from Abelina'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
  • 79
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Abelina to improve her general store.
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 Abelina. It was first posted on Kiva on Sep, 2011. Learn More