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Update on Irene

This member, Irene, is now 31 years old. She is married, has two children, and lives in Tambo Real district, in Anta province. She continues producing and selling milk. Irene needs to produce more milk in order to meet demand and so she will invest the loan she has requested in buying two dairy cows.

This member is very grateful to Kiva for helping her to make progress in her business and she pledges to make her loan repayments on time. Irene belongs to the 'San Bartolo de Tambo Real' community bank which is located in Tambo Real district, in Anta province, in Cusco, Peru.
View original language description ↓
La socia es la señora Irene, ahora tiene 31 años de edad, está casada y tiene 2 hijos, vive en el distrito de Tambo Real de la provincia de Anta, la socia se sigue dedicando a la producción y venta de leche. Irene necesita producir más leche para cubrir su demanda, por ello invertirá su préstamo solicitado en comprar 2 vacas lecheras.
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 puntualmente. Irene pertenece al banco comunal “San Bartolo de Tambo Real” distrito de Tambo Real de la provincia de Anta en Cusco – Perú.

Previous Loan Details

Irene is 30 years old and has a son. She lives in the Tambo Real community in the Anta district, department of Cusco. Irene is a hard-working, enterprising woman who provides for her family. She is a merchant and works in the cattle farming business. She has been involved in this work for sev... More from Irene'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
  • 129
    View loans »
    Peru Loans Fundraising
  • $60,116,750
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Irene to buy two dairy cows.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 14, 2012
Currency Exchange Loss:
Mar 15, 2013
This photo was used before for a previous loan for Irene. It was first posted on Kiva on Mar, 2011. Learn More