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Update on Yovanna

The member continues to work in her business of selling handicrafts. She has a jewelry shop; she sells necklaces, bracelets, and earrings. She works from 8:00 a.m. to 5:00 p.m. She has already had this business for five years.

In her free time, she likes to go out for walks in the country. Her dream is to grow her handicrafts business. She is requesting the loan to buy necklaces, bracelets, and earrings.

The member is happy about the loan and she promises to make her loan payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de artesania,la socia vende collares,pulseras y aretes,la socia tiene una joyeria la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 5 años en este negocio,en sus tiempos libres la socia le gusta salir a pasear al campo,el sueño de la socia es ampliar el negocio de tienda de artesania.La socia solicita el credito para comprar collares,pulseras y aretes.

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

Previous Loan Details

This member belongs to the communal bank "Los Diamantes" (the diamonds). The bank is located in the Cusco district, belonging to the Cusco Province in Cusco Department. This member is called Yovanna, she is 38 years old, single and has 2 children. She alternates her daily activities with her b... More from Yovanna'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
  • 86
    View loans »
    Peru Loans Fundraising
  • $59,000,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Yovanna to purchase necklaces, bracelets, and earrings.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Aug 25, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Yovanna. It was first posted on Kiva on Nov, 2010. Learn More