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Update on Yoni

Yoni continues to work making and selling home furniture. She sells the furniture at one of the main markets in the city. Yoni has been doing this work for many years and it has allowed her to improve her family's life and educate her son. Yoni is asking for this loan to purchase materials such as paint, lacquer, wood, sheets of plywood, and some accessories such as nails and screws. Yoni is very thankful to Kiva for helping her continue doing her work. She promises to make her payments punctually.

Yoni is a member of the Milagrosa Virgen del Carmen II community bank in the city of Cusco, Peru.
View original language description ↓
La socia es la señora Yoni, ella continua dedicándose a la fabricació y venta de muebles de madera para el hogar, y los comercializa en una de las principales ferias de la ciudad, Yoni realiza este trabajo hace muchos años y esta actividad le ha permitido sacar adelante a su familia y con la educación de su hijo. Yoni en esta oportunidad está solicitando el préstamo para comprar materiales como pintura, laca, madera y planchas de MDF de madera prensada y algunos accesorios como tornillos y clavos, por ello la socia está muy agradecida con KIVA, por ayudarla a mantenerse en su actividad, la socia se compromete a cumplir con el pago de sus cuotas puntualmente. Yoni pertenece al banco comunal “Milagrosa Virgen del Carmen II” de la ciudad del Cusco – Perú.

Previous Loan Details

Introducing Yoni, a member of the “Milagrosa Virgen del Carmen II” Communal Bank, located in Wanchaq, a district of the Cusco province in the Cusco region. Yoni is 40 years old, she is married and has one son. On top of her everyday chores, she sells furniture in the different fairs taking pla... More from Yoni'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
  • 127
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Yoni comprar pintura, madera, tornillos y clavos.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 13, 2012
Oct 9, 2012
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Yoni. It was first posted on Kiva on Oct, 2010. Learn More