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Cesar Mateo

Update on Cesar Mateo

The member continues to make a living in the business of breeding animals like guinea pigs and chickens. The member raises, fattens and later sells them. Through this business the member is able to help his children get ahead. The member's dream is to have a place to sell the animals. He is requesting the loan to buy guinea pigs and chickens.

The member is happy for the loan and he commits to comply with the payments.
View original language description ↓
El socio se sigue dedicando al negocio de crianza de animales como cuyes y gallinas,el socio los hace crecer y engordar y luego los vende,por medio de este negocio el socio saca adelante a sus hijos,el sueño del socio es tmer un local donde pueda vender los animales.El socio solicita el credito para comprar cuyes y gallinas.

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

Previous Loan Details

This is Cesar Mateo. He is a member of the communal bank, Comuzone III, which is located in the District of Cusco, pertaining to the Province and Department of Cusco. He is 68 years old, married, and has 4 children. For many years, he has been raising livestock, a job that he feels happy abo... More from Cesar Mateo'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
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Cesar Mateo to buy guinea pigs and chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012