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Americo Donato

Update on Americo Donato

The member is still in the hotel business, working from 8:00 a.m. to 10:00 p.m., and through his work has been able to provide for his son. His goal is to expand and improve his hotel activity. He is requesting a loan to buy beds and sheets.

He is grateful for the loan and committed to paying it back on time.
View original language description ↓
El socio se sigue dedicando al negocio de hospedaje,el socio trabaja desde las 8:00 a.m hasta las 10:00 p.m,por medio de este negocio de hospedaje el socio saca adelante a su hijo,el sueño del socio es ampliar y mejorar el negocio de hospedaje.El socio solicita el credito para comprar camas y sabanas.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Americo was born in the city of Cusco and now lives in the city of Ollantaytambo. He is 57 years old, in a common-law relationship, and has one child.

Americo drives tour vehicles and also provides hotel services. He has been in this business for many years and has done very well thanks... More from Americo Donato'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
  • 77
    View loans »
    Peru Loans Fundraising
  • $55,175,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Americo Donato to buy beds and sheets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012
This photo was used before for a previous loan for Americo Donato. It was first posted on Kiva on Nov, 2011. Learn More