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Gregoria

Update on Gregoria

Gregoria is continuing with her business buying and selling cheese. She has been in this business for a long time, and it is going very well, thanks to the daily effort she puts into her business. Gregoria is a responsible person who has a strong desire to continue to work for her family. She takes her products to Cusco and Mollepata to distribute to the customers who request them. Gregoria also works raising livestock; she will continue with this activity to provide for her family.

Gregoria is requesting a loan to buy cheese for her business. She is grateful for this loan, and promises to make her payments according to the established schedule.
View original language description ↓
La socia es la Sra. Gregoria; la socia continua dedicandose al negocio de compra y venta de queso,la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio ,la socia es una persona responsable con muchas ganas de continuar trabajando por su familia,la socia lleva su mercaderia a Cusco y Mollepata para distribuir a sus clientes que le solicitan,a la vez la socia tambien sigue dedicandose a la ganaderia ,siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el credito para la compra de quesos para su negocio.


La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Gregoria, 71, belongs to the “Mujeres en Accion” (Women in Action) communal bank located in Anta District that belongs to Anta Province and Cusco Department. She is married and has four children. She alternates her daily chores with a cheese selling business. She sells in Limatambo Province ... More from Gregoria'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
  • 50
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Gregoria to buy cheese for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013