Check out some available loans that are similar to this one!
Noemi

Update on Noemi

This communal bank member continues her business of selling shampoos, soaps, and toilet paper. She has a stand where she sells these articles. She works from 8 am to 5 pm. With this business, she wants to raise her children. Her dream is to have a shop where she could sell these items. She is applying for the loan to buy soaps, shampoos, and toilet paper to sell.

She is happy about the loan and promises to make her payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de champus,jabones y papeles higienicos,la socia tiene un puesto donde vende estos articulos,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,por medio de este negocio la socia quiere sacar adelante a sus hijos,el sueño de la socia es tener un local dond epueda vender los articulos.La socia solicita el credito para comprar jabones,champus y papeles higienicos.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Noemi is 47 years old and is married with two children. Her daughter is 22 years old and her son is 20 years old. They both still live with her while they attend the University of Andina Cusco. Noemi is the owner of a small general store which sells everything from knives to toilet paper and ... More from Noemi'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
  • 103
    View loans »
    Peru Loans Fundraising
  • $57,342,125
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Noemi to buy soap, shampoo, and toilet paper to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Noemi. It was first posted on Kiva on Aug, 2011. Learn More