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Yony

Update on Yony

Yony 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.
View original language description ↓
La socia pertenece al banco comunal KUKULI;la socia Yony continua con su negocio de elaboracion de artesania como muñecas que ella misma los hace para luego repartirlo a sus clientes que le solicitan como tiendas de regalos,la socia a la vez es docente ella trabaja de lunes a viernes por la mañana,la socia es una persona alegre y responsable con muchas ganas de continuar trabajando por su familia.

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 Details

Yony 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 Cus... More from Yony'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
  • 97
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Yony to buy materials for making dolls such as colored threads, fabric and different-sized needles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012