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Visitasion

Update on Visitasion

This member continues to engage in her business of raising animals, such as guinea pigs and chickens. She also sells "chicha" (a beverage made from corn) and vegetables such as tomatoes, carrots, lettuce, and onions. The member sells her various products at the different fairs that are held in the District of Urubamba. Through these businesses, she hopes to move forward. The member is requesting a loan in order to buy guinea pigs and chickens; vegetables such as onions, tomatoes, and lettuce; and also corn for preparing "chicha".


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

View original language description ↓
La socia se sigue dedicando al negocio de crianza de animales como cuyes y pollos y tambie se dedica al negocio de venta de chicha (bebida a base de maiz) y venta de verduras como tomates,zanahorias,lechugas y cebollas,la socia vende los animales como las verduras y la chicha en las diferentes ferias que existe en el distrito de Urubamba.por medio de estos negocios quiere salir adelante.La socia solicita el credito para comprar cuyes y pollos y tambien para comprar verduras como cebollas,tomates y lechugas y tambien para que compre maiz para que prepare la chicha.

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

Previous Loan Details

Visitasion, age 44, is married and has six children. She was born in the Urubamba province, but she currently lives in the Rumichaca Baja village. This village is in the Urubamba district, Urubamba province, Cusco department, Perú. Visitasion raises young animals, sells “chicha” (a corn base... More from Visitasion'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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Visitasion to buy guinea pigs and chickens, vegetables to sell, and corn for making "chicha".
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Visitasion. It was first posted on Kiva on Dec, 2011. Learn More