Update on ValentinaValentina is now 37 years old, in a common law marriage and has 4 children. She alternates her daily tasks with her business raising chickens and she also sells grass, herbal teas, and boiled eggs as a traveling merchant in the Andahuaylillas market.
At this opportunity, Valentina requests the loan to purchase chickens and improve her business. She is happy for the loan and promises to make her payments. Valentina belongs to the “LAS TRIUNFADORAS” community bank, located in the Andahuaylillas district, belonging to the Quispicanchis province in the department of Cusco.
En esta oportunidad Valentina solicita un préstamo para comprar gallinas y mejorar su negocio. La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Valentina pertenece al banco comunal “LAS TRIUNFADORAS”; El banco está ubicado en el distrito de Andahuaylillas, perteneciente a la provincia de Quispicanchis y departamento de Cusco.
Previous Loan DetailsSra. Valentina is a member of the Communal Bank “Las Triunfadoras” (The Winners) which is in the District of Andahuaylillas, Quispicanchis Province, Department of Cusco.
She is 35 years old, in a common law marriage, and has three children. Valentina divides her time between her daily… More from Valentina'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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