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Francisca

Update on Francisca

This member continues to manage a business of selling "ceviche", a dish that consists of fish marinated in citrus juice. She has a location where she works from 9am to 6pm. Through this business, she is able to stay ahead. Her dream is to expand her business of selling "ceviche". The member is requesting a loan in order to buy Peruvian lemons, fish, and plates for preparing this dish.


She is pleased with the loan and promises to complete her payments.

View original language description ↓
La socia se sigue dedicando al negocio de venta de ceviche que es un plato a base de pescado con limon,ella tiene un local donde trabaja desde las 9:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia quiere salir adelante,el sueño de la socia es ampliar el negocio de venta de ceviche.La socia solicita el credito para comprar limon,pescados y platos para que prepare los ceviches.

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

Previous Loan Details

The member belongs to the Qorichuspa Communal Bank. The member lives in the Huanchac district, Cusco province, Cusco department. The member is Francisca. She is 43 years old, and she is in a common law marriage. She has a small place where she sells “ceviche” (citrus marinated seafood) in t... More from Francisca'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
  • 86
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Francisca to buy Peruvian lemons, fish, and plates.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 16, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Francisca. It was first posted on Kiva on Jul, 2010. Learn More