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Update on Anonymous

The entrepreneur continues earning her living selling handmade crafts. She sells sweaters, polo style shirts, gloves and blankets, distributing these products to various stores that sell handicrafts. She works from 8:00 AM until 6:00 PM. Through this business she has raised her son. He dream is to expand and improve her craft selling business. She is requesting the loan in order to buy sweaters, blankets, gloves and polo style shirts in large quantities.

The loan makes this entrepreneur happy and she commits to promptly making her repayments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de artesania,la socia vende chompas,polos,guantes y mantas,la socia distribuye a diferentes tiendas donde se vende la artesania,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a su hijo,el sueño de la socia es ampliar y mejorar el negocio de venta de artesania.La socia solicita el credito para comprar chompas,mantas,guantes y polos al por mayor.

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

Previous Loan Details

This borrower is a member of the "Liderando Las Palmeras" community bank which is located in Cusco district, in Cusco province and department. The borrower is 56 years old, separated, and has one child. She divides her time between her daily activities and her business selling handicrafts. S... 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

  • $12,000
    Average annual income
  • 129
    View loans »
    Peru Loans Fundraising
  • $58,906,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped this borrower to buy sweaters, blankets, gloves and polo style shirts in wholesale quantities.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 29, 2012
Jun 9, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on Jun, 2011. Learn More