Update on YonyYony belongs to the Kukuli community bank. She continues in her business making handicrafts such as dolls. Yony makes the items herself and then delivers them to customers, such as gift shops, who request them from her. At the same time, Yony works as a teacher. She works Monday to Friday, in the mornings. She is a cheerful and responsible person who has a great desire to continue working for her family.
Yony is requesting this loan to buy materials for making dolls such as colored threads, fabric and different-sized needles.
Yony is grateful for the loan she is receiving and pledges to make her repayments on time.
La socia solicita el prestamo para la compra de materiales para la elaboracion de las muñecas como hilos de colores ,telas y agujas de diferentes tamaños.
La socia se siente agradecida por el prestamo otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsYony was born in the city of Quillabamba (Apuricma, Peru). She is 45 years old, has a partner, and has four children from her relationship. Yony is a mother who lives with her children in her own home which has all basic services (water, electricity and sewerage), in the city of Cusco, in Cusco… More from Yony'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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Success!! The loan was 100% repaid