Update on Juana ElizabethThe member Juana Elizabeth continues to belong to the communal bank Santo Domingo, and the bank's meetings are located in the district of Cusco, belonging to the province of Cusco and the department of Cusco.
Juana Elizabeth is 41 years old, single, and has two children. She is a native of the city of Cusco and lives in the same city where she was born. She makes a living through the business of selling spare parts for cars. She sells motor oil, screws, windshields, tires, and other parts. She has already spent many years in this business and it is going well thanks to the effort that she puts in her work. This time she needs the loan in order to buy spare car parts like covers, screws, tires, pistons and windshields at wholesale cost. The member is happy for the loan and promises to complete her payments on time.
La socia Juana Elizabeth tiene 41 años de edad y es soltera y tiene 2 hijos, ella es natural de la ciudad Cusco y vive en la misma ciudad donde nació, ella se dedica al negocio de venta de accesorios para carros, ella vende aceites, tornillos, parabrisas, llantas y entre otros repuestos. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo, ella en esta oportunidad requiere el préstamo para comprar accesorios de carros como, fundas, tornillo, llantas, pistones y parabrisas al por mayor. La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsHere is a member of the communal bank "Santo Domingo". It is located in the district of Cusco, belonging to the province of Cusco and the department of Cusco. Her name is Juana Elizabeth. She is 40 years old, single, and she has 2 children. She alternates her daily activities with her car acce... More from Juana Elizabeth's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid