Update on ManuelaManuela is 57 years old. She alternates her household activities with a small business. For the past ten years, she has been raising livestock, pigs, and other small animals such as guinea pigs and hens.
Manuela is taking this opportunity to request a loan to purchase sheep. Manuela belongs to Las Triunfadoras Communal Bank, located in the district of Andahuaylillas in Cusco, Peru.
Manuela está solicitando en esta oportunidad el credito para seguir comprando ganado como por ejemplo ovejas.
La señora Manuela; pertenece al banco comunal “LAS TRIUNFADORAS”; del distrito de Andahuaylillas en Cusco – Perú.
Previous Loan DetailsManuela is a member of the "LAS TRIUNFADORAS" communal bank which is located in the Andahuaylillas district which is 5 minutes from the city of Cusco. She is 55 years old, married, and has one son. She alternates her household chores with retail sales. For the past 10 years she has been in... More from Manuela's previous loan »
Important InformationAbout 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.
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