Update on CeledonioThis member belongs to the “HATUN RUMIYOC” communal bank. This bank is located in the Wanchaq district, which belongs to the Cuzco province and department.
His name is Celedonio. He is still offering his taxi service. He works every day from 8:00 a.m. until approximately 6:00 p.m. He has worked in this business for years and it is satisfying for him financially and personally. He is a responsible and hardworking person and that is how he gets his family ahead.
He is asking for the loan to buy tires for his car. He is grateful for the loan and committed to making his payments.
El socio es el Sr Celedonio; el continua brindando el servicio de taxi , el trabaja todos los días desde las 08:00am hasta las 06:00pm aproximadamente, él socio lleva años en este negocio el cual le trae satisfacciones tanto económicas como personales, él socio es una persona responsable y empeñoso siendo de esta manera que el socio saca adelante a su familia.
El socio solicita el préstamo para la compra de llantas para su carro.
El socio está agradecido por el préstamo y se compromete a cumplir con los pagos de su cuota
Previous Loan DetailsCeledonio is a member of the “HATUN RUMIYOC” community bank which is located in Cusco district, in Cusco province and department. Celedonio is 44 years old and lives with his partner. He has 3 children. He divides his time between his daily activities and his taxi service. He provides a taxi… More from Celedonio'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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