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Anonymous

Update on Anonymous

This borrower still has her business selling fresh infusions, and she also makes soft drinks. She has a travelling stall and sells her products from 6:00 am to 6:00 pm. Through her business, she is able to raise her children. Her dream is to have her own premises where she can sell soft drinks and infusions. She is requesting a loan to buy ingredients such as corn and herbs.

She is grateful for the loan, and pledges to make her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de venta de mates frescos y tambien hace refrescos,la socia en forma ambulatoria desde las 6:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender los refrescos y mates.La socia solicita el credito para comprar insumos como maiz y hierbas medicinales.

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

Previous Loan Details

This borrower belongs to the "Madres Trabajadoras" (Hard-working Mothers) community bank which is located in Tica Tica district, in Cusco province, in Cusco department. The borrower is 32 years old, lives with her partner, and has three children aged 10, 8 and 7. She divides her time between ... More from Anonymous'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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped this borrower to purchase ingredients such as corn and medicinal herbs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on May, 2011. Learn More