Update on AnonymousThe member belongs to the comunal bank "Inti Quilla." The bank is located in the district of Cusco, which belongs to the province of Cusco in the region of Cusco.
The member continues with her business selling crafts. The member sells her merchandise in a stand in the center of the city. She sells sweaters, polos, hats and gloves, among other items. The member dedicates significant time to this business, which brings her as much personal satisfaction as economic satisfaction because through this business she gets to know people from many nationalities and this is the way that she gets her family ahead.
The member seeks this loan to buy sweaters made from alpaca.
The member is happy because of the loan and she promises to comply with the payments for her portion.
La socia continua con su negocio de venta de artesanía ,la socia vende su mercaderia en un stand por el centro de la ciudad,la socia vende lo que son chompas,polos,chuyos,guantes entre otros,la socia lleva buen tiempo en este negocio el cual le trae satisfaciones tanto economicas como personales ya que mediante este negocio la socia puede conocer a personas de distintas nacionalidades,siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el credito para la compra de chompas de alpaca.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsThe member belongs to the Inti Quilla communal bank, located in the Cusco district, Cusco province, Cusco department. She is 61, married, and has 6 sons and daughters. She sells handicrafts besides doing her other activities. She sells shirts, sweaters, hats and dolls at a stand where she wo... More from Anonymous'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
- 8 months (Additional Information)
- Repayment Schedule
- Jun 26, 2012
- Jul 31, 2012
- Currency Exchange Loss:
- Jan 15, 2013
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.