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Juan Leonard

Update on Juan Leonard

The member belongs to the communal bank "Unidos Para El Triunfo" [United for Triumph]. The bank is located in the district of Cusco belonging to the province and department of Cusco.

The member, Juan, continues to run his business raising small animals such as guinea pigs and chickens. He cares for these critters in order to sell them later to his customers who are asking him for more. The member also distributes to those who request it. At the same time he continues to work in the private sector, and in this way he gets his family ahead. The member wishes to expand his animal husbandry business in order to bring a better quality of life to his family.

The member is requesting the loan to purchase more animals for his business such as guinea pigs. He is grateful to those who join in on this dream by these means, and commits to making his payments within the established time frame.
View original language description ↓
El socio pertenece al banco comunal “UNIDOS PARA EL TRIUNFO”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el Sr. Juan; el socio continua con su negocio crianza de animales menores como cuyes y gallinas,el socio cria a estos animalitos para luego venderlo a sus clientes que mas le solicitan,el socio tambien lo distribuye a quienes le solicitan,el socio a la vez continua trabajando para el sector privado ,siendo de esta manera que el socio saca adelante a su familia,el socio desea agrandar su negocio de crianza de animales para de esta forma brindarles una mejor calidad de vida a su familia.

El socio solicita el préstamo para la compra de mas animales para su negocio como cuyes.

El socio 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

Sr. Juan is a member of the Communal Bank “Unidos Para El Triunfo” (United for the Triumph), which is located in the district, province, and department of Cusco.

He is 46 years old, in a common law marriage, and has two children. Juan divides his time between his daily activities and his… More from Juan Leonard'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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Juan Leonard to purchase more animals for his business, such as guinea pigs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012