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Anastasia

Update on Anastasia

Anastasia makes bricks and roof tiles. She also raises animals but this hasn't been going well. Now she has begun selling grain, including wheat, corn, and barley. Anastasia wants to forge ahead by means of this business.

Her dream is to expand her grain-selling business. She is requesting a loan to buy wheat, barley, and corn. Anastasia is happy about the loan and is committed to compliance with her repayment schedule.
View original language description ↓
La socia anteriormente se dedicaba al negocio de fabricacion de ladrillos y tejas y tambien se dedicaba al negocio de crianza de animales pero no le fue muy bien,ahora se esta dedicando al negocio de venta de cereales como trigo,maiz y cebada,por medio de este negocio la socia quiere salir adelnate,el sueño de la socia es ampliar el negocio de venta de cereales.La socia solocita el credito para comprar trigo,cebada y maiz.

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

Previous Loan Details

The member belongs to the community bank " Ricchary Cusco", the bank is located in the district, province and area of Cusco. Anastasia is 47 years old, married and has five children, she alternates her daily activities with the business of making and selling bricks and tiles, she also raises c... More from Anastasia'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
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,823,625
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Anastasia to buy wheat, barley, and corn to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012