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Zoila

Update on Zoila

The member works selling food. She prepares breakfast, lunch, and dinner and sells it in the market from 8:00 a.m. to 6:00 p.m.

By means of this business, she keeps her family going. The member's dream is to grow her food-selling business. She is requesting the loan to purchase cooking ingredients such as chicken, vegetables, meat, and rice.

The member is happy about the loan and committed to making her payments.
View original language description ↓
La socia se dedica al negocio de venta de comida,la socia prepara desayuno,almuerzo y cena,la socia vende en el mercado desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,el sueño de la socia es ampliar el negocio de venta de comida.La socia solicita el credito para comprar productos para cocinar como pollo,verduras,carne y arroz.

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

Previous Loan Details

Zoila belongs to the Virgen Purificada-Angostura Communal Bank, and she is the president. She is 49 and divorced. She lives in the San Jerónimo district in the Angostura community, which is south of the city of Cusco. She has a stand in the Vino Canchón Market of San Jerónimo, where she sell... More from Zoila'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

  • $6,715
    Average annual income
  • 112
    View loans »
    Peru Loans Fundraising
  • $55,250,775
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Zoila to purchase products for food preparation, such as chicken, vegetables, meat, and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013