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Teodora

Update on Teodora

This member continues working in her agricultural business and selling 'chicha' which is a corn-based drink. In addition, she also continues working in her business raising animals such as guinea pigs, pigs and chickens, and has a plot of farmland where she grows corn. Through these businesses, she provides for her children. This member's dream is to expand her agricultural and animal-raising businesses.

The member is requesting a loan to buy seeds and fertilizers. She will also buy animals such as guinea pigs and chickens.

The member is happy to be receiving her loan and pledges to make her repayments on time.
View original language description ↓
La socia se sigue dedicando al negocio de agricultura,al socia vende chicha que es una bebida a base de maiz y tambien la socia se sigue dedicando al negocio de crianza de animales como cuyes,chanchos y pollos y tambien tiene un terreno de cultivo donde cultiva maiz,por medio de estos negocios la socia saca adelante a sus hijos,el sueño de la socia es ampliar el negocio de crianza de animales y agricultura.La socia solicita el credito para comprar semillas y fertilizantes y tambien para comprar animales como cuyes y pollos.

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

Previous Loan Details

Teodora was born in the city of Urubamba but now lives in the village of Rumichaca Baja. This town is located in Urubamba District, Urubamba Province and Cusco Department, Perú. Teodora is 67 years old, married and has had nine children. She has a variety of different economic activities. ... More from Teodora'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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,999,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Teodora to buy seeds and fertilizers, and to buy animals such as guinea pigs and chickens.
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 Teodora. It was first posted on Kiva on Dec, 2011. Learn More