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Elizabeth

Update on Elizabeth

Our partner is Elizabeth. She's a member of the "Cusco Sur" communal bank of the town of Cusco, Peru. The member still runs her printing business. She does printing work for publicity and such. Elizabeth will use the requested loan to purchase supplies and printing materials, which will help her to meet her customers' orders.
Elizabeth is very thankful to Kiva for allowing her to improve her family's living conditions, and for helping her expand and bolster her business.
The member gives thanks for the loan and pledges to comply with her repayments in accordance with the schedule.
View original language description ↓
Nuestra socia es la señora Elizabeth, ella pertenece al banco comunal “Cusco Sur” de la ciudad del Cusco - Perú, nuestra socia se sigue dedicando al negocio de la imprenta, ella realiza trabajos de impresión como publicidad. Elizabeth invertirá el préstamo solicitado para comprar suministros y materiales de imprenta, que le permitirá cumplir con las solicitudes de sus clientes.
Elizabeth está muy agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y por ayudarla con el crecimiento y fortalecimiento de su actividad.
La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

Previous Loan Details

Elizabeth has been running a printing house from a rented shop for about 15 years. She can produce all types of printed materials for her customers, including flyers, brochures and books. She is requesting a loan to purchase materials such as paper, cardboard and ink. In the future, she would ... More from Elizabeth'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
  • 98
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Elizabeth to purchase inputs and supplies for her printing business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Elizabeth. It was first posted on Kiva on Mar, 2012. Learn More