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Update on Graciela

Graciela belongs to the Vallecito communal bank. She is continuing with her bookstore business. She sells notebooks, books, pens, paper, rulers, and other items. She has had this business for some time and it is going well thanks to her daily hard work. She wants to keep working in order to continue supporting her family. She is a responsible and hard-working person; this is how she can keep supporting her children.
She is requesting this loan for the purchase of books for her business.
She is grateful for this loan and promises to repay her quotas as established.
View original language description ↓
La socia Graciela pertenece al banco comunal VALLECITO,la socia continua con su negocio de libreria,la socia vende cuadernos,libros,lapiceros,hojas,reglas entre otros,la socia lleva buen tiempo en este su negocio el cual le va bien gracias al empeño que le pone cada dia ,la socia desea poder seguir trabajando para de esta manera seguir apoyando a su familia ,la socia es una persona reponsable y empeñosa siendo de esta forma que la socia puede seguir apoyando economicamente a sus hijos.
La socia solicita el credito para la compra de libros para su negocio.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con el pago de sus cuotas establecidas.

Previous Loan Details

Graciela has a bookstore where she sells books and stationery. A loan will help her purchase more books from wholesalers in downtown Cusco. She is 35 years old and has three children with her partner. In the future, she hopes to save enough money to buy a car. Graciela says that she enjoys attend... More from Graciela'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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Graciela to buy books for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 15, 2012
Sep 9, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Graciela. It was first posted on Kiva on Apr, 2012. Learn More