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Felicia

Update on Felicia

Felicia continues to raise small animals such as chickens and guinea pigs. She also has a business selling dried grains, such as corn, barley and wheat, and she also continues to sell jora (a traditional Peruvian beverage). Through these small businesses, she is supporting her children. Felicia wants to expand her business raising animals and selling dried grains. She is requesting a loan to buy animal feed and also to buy corn, barley and wheat.

Felicia is pleased to be receiving this loan, and she promises to comply with the payment terms.
View original language description ↓
La socia se sigue dedicando al negocio de crianza de animales como pollos y cuyes y tambien la socia se dedica al negocio de venta de productos secos como maiz,cebada y trigo y tambien se sigue dedicando al negocio de venta de jora,por medio de estos pequeños negocios la socia saca adelante a sus hijos,la socia quiere ampliar el negocio de crianza de animales y negocio de venta de productos secos.La socia solicita el credito para comprar alimentos para los animales y tambien para comprar maiz,cebada y trigo.

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

Previous Loan Details

She works in Paucarbamba, where she raises small animals such as chickens, Guinea pigs, and others. She also sells dried grains such as corn, barley, wheat, and others. She’s been doing this for several years and things have been going well, thanks to the effort she puts into her work. She als... More from Felicia'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
  • 85
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Felicia to buy animal feed, corn, barley and wheat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Felicia. It was first posted on Kiva on Nov, 2011. Learn More