Update on JulianaThe member is Juliana, 61, who is married and has four children. She lives in the district of Tambo Real and continues with her livestock business, mainly producing dairy products such as cheese. She also grows corn and potatoes. Juliana has learned a lot about this activity and has been able to provide for her entire family. Juliana needs to make more cheese but does not have enough milk from her cows. Therefore, she wants to use the loan to buy milk to produce cheese.
The member is grateful to KIVA for helping her develop this activity and she is committed to paying the loan back on time. Juliana belongs to the communal bank "San Bartolo de Tambo Real" in the district of Tambo Real, Anta Province in Cusco - Peru.
Juliana necesita elaborar más queso, pero la producción de leche de sus vacas no son suficientes, por ello invertirá su préstamo solicitado en comprar leche para la fabricación del queso.
La socia está muy agradecida con KIVA por ayudarla a desarrollarse en su actividad y se compromete a cumplir con el pago de sus cuotas. Juliana pertenece al banco comunal “San Bartolo de Tambo Real” distrito de Tambo Real de la provincia de Anta en Cusco – Perú.
Previous Loan DetailsIntroducing Juliana, a member of “SOLIDARIDAD-CACHIMAYO” (Cochimayo Solidarity), a communal bank located in Tambo Real, a district of the province of Anta in the Cusco department. Juliana is 60 years old, she is married and she has 6 children, all economically independent. She engages in… More from Juliana'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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