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Jakeline

Update on Jakeline

Jakeline still sells products to cover the basic needs like rice, sugar, milk and pasta. She works from 8:00 am until 7:00 pm.

With this business she's bringing her children up. Her dream is to expand and improve her business of staple goods.

She requests this loan to buy rice, sugar, milk and pasta.

Jakeline is happy because of her loan and is committed to keep paying the installments of her loan.
View original language description ↓
La socia se sigue dedicando al negocio de venta de productos de primera necesidad como arroz,azucar,leche y fideos,la socia trabaja desde las 8:00 a.m hasta las 7:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es ampliar y mejorar el negocio de venta de productos de primera necesidad.La socia solicita el credito para comprar arroz,azucar,leche y fideos.

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

Previous Loan Details

Jakeline was born in the city of Lima and lives in the community of Pachar. She is 43 years old and has a common-law husband, with whom she has four children. Jakeline carries out her daily and economic activities in the city of Pachar. Her work is selling staple goods such as rice, sugar, n... More from Jakeline'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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Jakeline to buy rice, sugar, milk and pasta.
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 Jakeline. It was first posted on Kiva on Nov, 2011. Learn More