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Antonio

Update on Antonio

Antonio continues to work in transport, where he uses his car to offer a service to tourists. He drives tourists to different tourist and archaeological sites, working from 8am until 7pm. This business allows him to provide for his children, and his dream is to buy a new car. His is applying for this loan to pay for maintenance work on his car, which needs new tyres.
Antonio is happy to be able to apply for this loan and promises to fulfill his repayment schedule.
View original language description ↓
El socio se sigue dedicando al negocio de transporte,el tiene un carro que hace servicio de turismo,ella lleva a turistas a diferentes lugares turisticos y arqueologicos,el socio trabaja desde las 8:00 a.m hasta las 7:00 p.m,el socio por medio de este negocio saca adelante a sus hijos,el sueño del socio es comprarse un carro nuevo.El socio solicita el credito para mantenimiento de su carro para comprar llantas.

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

Previous Loan Details

Antonio is 67 years old, married, and has 3 children who are independent. He is a driver; he has his own automobile that he uses to provide transport services for tourists. He conducts his business throughout the Valle Sagrado de los Incas (Sacred Valley of the Incas) for the tourism agencies… More from Antonio'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
  • $53,916,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Antonio to buy new tyres for his business vehicle.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013