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Emilia Elizabeth

Update on Emilia Elizabeth

Emilia continues with her commercial activity selling crafts, especially oil paintings. On this occasion, Emilia is requesting the loan to buy supplies like paint and frames for her works of art. She is very grateful to Kiva for helping her develop her artistic activity and she commits to make her installment payments punctually. Emilia belongs to the “Kukuli” communal bank in Cusco, Peru.
View original language description ↓
La socia es la señora Emilia, Ella continúa con su actividad comercial de venta de artesanías, principalmente de pinturas al oleo. Emilia en esta oportunidad está solicitando el préstamo para comprar material como pinturas y marcos para sus obras de arte, por ello la socia está muy agradecida con KIVA, por ayudarla a desarrollarse en su actividad artistica, la socia se compromete a cumplir con el pago de sus cuotas puntualmente. Emilia pertenece al banco comunal “KUKULI” de la ciudad del Cusco – Perú.

Previous Loan Details

Emilia was born in the province of Anta in the department of Cusco. She is 38 years old, married and has three children. She is a homemaker who alternates her daily activity with making paints. She works with her brothers Juan, Julio and Trinidad in a very organized fashion. Her brothers make ... More from Emilia Elizabeth'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
  • 75
    View loans »
    Peru Loans Fundraising
  • $55,215,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Emilia Elizabeth to buy paint and frames.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013