Update on JuliaThis businesswoman belongs to the community bank “QORICHUSPA.” This bank is located in the district of Huanchac in the province and department of Cusco.
Julia continues to engage in the sale of autoparts for cars. She travels to the city of Lima and Puno to buy her merchandise. She has her own small shop where she sells all of her merchandise to the customers who ask for them. At the same time, she is also in the business of buying and sales of clothing. She is a responsible and earnest person and it is in these ways that this woman helps her family to move forward.
She is asking for the loan in order to buy autoparts for her business, like headlights.
She feels very thankful for the loan she has been granted and promises to comply with the established payment schedule.
La socia Julia; continua dedicandose a la venta de autopartes de auto,la socia viaja hasta la ciudad de Lima y Puno para comprar su mercaderia,ella tiene su pequeña tienda donde vende toda su mercaderia a sus clientes que le solicitan,a la vez la socia se dedica a la compra y venta de ropa ,la socia es una persona responsable y empeñosa siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el prestamo para la compra de autopartes para su negocio como faros.
La socia se siente agradecida por el prestamo otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsJulia belongs to the 'Qorichuspa' community bank which is located in Huanchac district, in the province and department of Cusco. Julia is 47 years old. She lives with her partner and has 4 children. She works selling vehicle spare parts. She has a small store where she sells spare parts. She… More from Julia'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
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jun 6, 2012
- Jun 16, 2012
- Currency Exchange Loss:
- Jan 15, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.