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Aida

Update on Aida

This member is still working at her store selling vegetables and selling natural gas. She sells rice, sugar, milk and cookies. She works from 5:00 p.m. until 7:00 p.m. With this business, she gets her children ahead. Her dream is to expand the business of selling natural gas and the business of the vegetable store. She is asking for the loan to buy natural gas, rice, sugar, milk and cookies.

She is happy with the loan and committed to making her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes y negocio de venta de gas,la socia vende arroz,azucar,leche y galletas,la socia trabaja desde las 5:00 a.m hasta las 7:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es ampliar el negocio de venta de gas y negocio de tienda de abarrotes.La socia solicita el credito para comprar gas,arroz,azucar,leche y galletas.

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

Previous Loan Details

Aida is a member of the "MADRES TRABAJADORAS" ("Working Mothers") communal bank. The bank is located in the district of Cusco, province of Cusco, department of Cusco. She is 43 years old, single with 2 children. On top of her daily activities she has a gas selling business and also runs a gro... More from Aida'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
  • 129
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Aida to buy natural gas, rice, sugar, milk and cookies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012
This photo was used before for a previous loan for Aida. It was first posted on Kiva on May, 2011. Learn More