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Luz Estela

Update on Luz Estela

Luz belongs to the “Amauta” communal bank located in Cusco District belonging to Cusco Province and Department. She alternates her daily chores with a business buying and selling clothes. She’s been in business for some time and does well thanks to the effort she puts into it. She’s also a retired teacher which is how she’s able to get ahead with her business. She sells clothes to her friends and family members who request it. She’s asking for the loan to buy coats at wholesale. She thanks those who share her dream through this means and commits to make her installments as scheduled.
View original language description ↓
La socia pertenece al banco comunal “AMAUTA”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Luz;La socia alterna sus actividades diarias con el negocio de compra y venta de ropa,la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone a su negocio ,a la vez la socia es profesora cesante siendo de esta manera que la socia sale adelante con su negocio,la socia vende la ropa a sus amistades y familiares quienes le solicitan.

La socia solicita el préstamo para comprar casacas 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

Sra. Luz is a member of the Communal Bank “Amauta”, which is located in the district, province, and department of Cusco. She is 74 years old, married, and has five children. Luz divides her time between her daily activities and her business of selling clothes such as sweaters, trousers, blou... More from Luz Estela'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
  • 104
    View loans »
    Peru Loans Fundraising
  • $59,072,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Luz Estela to buy clothes at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 16, 2012
Aug 9, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Luz Estela. It was first posted on Kiva on Nov, 2010. Learn More