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Victoria

Update on Victoria

She continues selling vegetables like tomatoes, celery and parsley, among other vegetables. She sells at wholesale in various places like Puerto Maldonado. It’s by means of this business that she wants to move her children forward so that they can finish their schooling. Her dream is to have a locale where she can sell the vegetables. She’s requesting the loan to buy onions, carrots, tomatoes, celery and parsley at wholesale. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de verduras como tomates,apio,perejil entre otras verduras,la socia vende al por mayor llevando a diferentes lugares como puerto maldonado,la socia por medio de este negocio quiere sacar adelante a sus hijos para que ellos terminen de estudiar,el sueño de la socia es tener un local donde pueda vender las verduras.La socia solicita el credito para comprar cebollas,zanahorias,toamtes,apio y perejil al por mayor.

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



Previous Loan Details

Victoria belongs to the CUSCO community bank which is located in Huanchac district, in Cusco province and department. She is 67 years old, widowed, and has three children who all live independently. Victoria is a retailer. She transports merchandise to Puerto Maldonado and there she sells ve... More from Victoria'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
  • 56
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Victoria to buy onions, carrots, tomatoes, celery and parsley at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Victoria. It was first posted on Kiva on Sep, 2011. Learn More