Update on Haller WilfredoHaller is a member of the Communal Bank "Siempre Juntos" (Always Together), a group that conducts its meetings every 30 days in the District of Huanchac in Cusco Province, Department of Cusco.
Haller continues to buy and sell mobile phones and accessories. He still manages a stand where he sells his products. With his previous loan, he did very well and was able to obtain good benefits. Haller is requesting a loan to invest in the purchase of mobile phones and accessories.
He is grateful for the opportunity to receive this loan so that he can invest in his business and grow financially.
El socio Haller sigue dedicándose a la compra y venta de celulares y accesorios, él sigue teniendo un stand donde expende sus productos. Con el anterior crédito le fue muy bien y pudo obtener buenos beneficios. El socio Haller solicita el préstamo para invertir en la compra de celulares y de accesorios.
El socio Haller agradece la oportunidad del préstamo que le permitirá invertir en el negocio y crecer económicamente.
Previous Loan DetailsThis member belongs to the Siempre Juntos Communal Bank. This bank is located in the district of Huanchac in the province and department of Cusco. Bank member Haller is 34 years old and he has a partner and one child. He buys and sells cell phones and accessories for a living. He has a stan... More from Haller Wilfredo'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
- 6 months (Additional Information)
- Repayment Schedule
- Jun 11, 2012
- Jun 22, 2012
- Currency Exchange Loss:
- Nov 15, 2012
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.