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Tomasa

Update on Tomasa

Tomasa continues to operate her grocery store. She sells products of primary necessity such as rice, sugar, milk, cookies and sweets. Tomasa works from 7:00 am until 8:00 pm. As a result of this work, she advances her children. Tomasa's dream is to expand and improve her grocery store business.

Tomasa is requesting a loan to buy rice, sugar, milk, and cookies at wholesale. She is grateful to all who form part of this dream by this means and she promises to comply with her payments as scheduled.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes,la socia vende productos de primera necesidad como arroz,azucar,leche,galletas y dulces,la socia trabaja desde las 7:00 a.m hasta las 8:00 p.m,por medio de este trbajo la socia saca adelante a sus hijos,el sueño de la socia es ampliar y mejorar el negocio de tienda de abarrotes.La socia solicita el credito para comprar arroz,azucar,leche y galletas al por mayor.

La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

This member belongs to the communal bank “Huayna Picchu.” The bank is located in Cusco District, which belongs to Cusco Department. The member is Sra. Tomasa. She is 50 years old, is single and has 2 children of whom one lives independently and the younger is 19 years old. The member supp... More from Tomasa'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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Tomasa to purchase rice, sugar, milk, and cookies at wholesale to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Tomasa. It was first posted on Kiva on Feb, 2012. Learn More