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Eleuterio

Update on Eleuterio

This member continues working in his business selling plastic goods. He sells buckets, tubs, balls and also cleaning supplies. He works from 8.00am to 6.00pm and, through this business, he provides for his children. This member's dream is to expand his business selling plastic goods. He is requesting this loan to buy plastic goods such as buckets, tubs and balls.

The member is happy to be receiving his loan and pledges to make his repayments on time.
View original language description ↓
El socio se sigue dedicando al negocio de venta de plasticos,el socio tambien vende baldes,tinas,pelotas y articulos de limpieza,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio el socio saca adelante a sus hijos,el sueño del socio es ampliar el negocio de venta de plasticos.El socio solicita el credito para comprar plasticos como baldes,tinas y pelotas.

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

Previous Loan Details

Señor Eleuterio is a member of the communal bank "QORI ORCCO". He lives in the Urcos district in the province of Quispicanchis in the department of Cusco. He is 43 years old, married and has 3 children. He has been working in retail for the past 9 years. He sells plastics in the Urcos central... More from Eleuterio'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
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
Expired
A loan of $575 helped Eleuterio to buy plastic goods such as buckets, tubs and balls.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 24, 2012
This photo was used before for a previous loan for Eleuterio. It was first posted on Kiva on Aug, 2010. Learn More