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Vania

Update on Vania

She continues with her business selling crafts; she sells dolls, blankets and ceramics. She sells to various crafts stores. She’s been in business six years. She’s asking for the loan to buy crafts like ceramics, blankets and dolls. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de artesanias,la socia vende muñecas,mantas y ceramicas,ella distribuye a las diferentes tiendas donde venden artesania,la socia ya tiene 6 años en este negocio.La socia solicita el credito para comprar artesania como ceramicas,mantas y muñecas.

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

Previous Loan Details

Vania is 32 years old and the single mother of one daughter who is one-and-a-half years old. She has just recently started a business in which she sells crafts such as dolls, mirrors, and knitted blankets and hats. She is asking for a loan in order to jump-start her business and purchase various ... More from Vania'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
  • 121
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vania to buy arts and crafts like ceramics, blankets and dolls.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Sep 4, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012