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Leocadia

Update on Leocadia

The member continues working selling milk; she sells her product as a street vendor in different markets that are made during the weekends in the district of Cusco. At the same times she is also in the cattle business, she breeds cows to sell to the customers. The member is a responsible and eager person with a lot of drive to keep working for her family.

The member needs the loan to buy milk for her business.

The member is happy for the loan and is committed to paying all of her quotas.
View original language description ↓
La socia continua dedicandose al negocio de venta de leche ,la socia vende de forma ambulatoria en las distintas ferias que se realizan los fines de semana en el distrito de Cusco,a la vez la socia tambien se esta dedicando a la ganaderia ,ella cria a sus vacas para luego venderlas a sus clientes que le solicitan,la socia es una persona responsable y empeñosa con muchas ganas de continuar trabajando por su familia.
La socia solicita el credito para la compra de leche para su negocio.

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

Previous Loan Details

Leonarda tells us she was born in the community of Yungaqui (province of Anta, department of Cusco, Peru). She is 32 years old, married and has two children. Currently, Leonarda lives and works in the community of Tambo Real (Anta, Cusco). She makes a living in livestock and also sells milk. She ... More from Leocadia'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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Leocadia buy milk for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013