Update on JuanaJuana belongs to the Caminemos Juntos Communal Bank. She continues with her business selling artisanal crafts such as sweaters, scarves, gloves, hats, polo shirts, and other crafts. She also makes some ornaments. Juana works as a street vendor and delivers her merchandise to customers who request it. She is a happy, responsible person with a strong desire to help her family get ahead.
La socia solicita el prestamo para la compra de mercaderia para su negocio como polos.
La socia se siente agradecida por el prestamo otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsJuana, 49, is a member of the “CAMINEMOS JUNTAS” (Let’s Walk Together) communal bank located in Cusco District belonging to Cusco Province and Cusco Department. She has a spouse and three children. She alternates her daily chores with the sale of crafts. She works with animal pelts. She makes… More from Juana'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