Update on FortunataThe member belongs to the communal bank "Fuente De Vida” (Fountain of Life). The bank is located in the Huanchac District of Cusco Province, Cusco Department.
The member still has her restaurant. She has been in the business for years, and it has been going well for her because of the effort she puts into it every day. She sells different types of food like "milaneza de pollo" (chicken breast fried in breadcrumbs), cracklings, and other local fare. She also sells beverages like "chicha de jora" (an alcoholic drink made from fermented corn), beer and soda. Fortunata works in her restaurant every day from approximately 9:00am until 10:00pm. She is a responsible and hard-working person, which is how she has been able to get her family ahead.
Fortunata is requesting the loan in order to purchase beer for her business.
She is grateful for the help that she will be granted, and she promises to be disciplined in the repayment of her loan.
La socia continua con su negocio de picanteria,la socia lleva años en este su negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia vende diferentes tipos de comida extras como milaneza de pollo,chicharron(cerdo),platos tipicos entre otros,la socia a la vez vende bebidas como chicha de jora,cerveza,gaseosas ,la socia trabaja todos los dias en su negocio desde las 09:00am hasta las 10:00pm aproximadamente,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de cerveza para su negocio.
La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.
Previous Loan DetailsThe member belongs to the communal bank "FUENTE D. VIDA.” The bank is located in the District of Huanchac, in the Province of Cusco and the Departmento of Cusco. The member Fortunata is 54 years old. She is married and has 3 children who are grown. She works selling food, and she has a restaur... More from Fortunata's previous loan »
Important InformationAbout 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.
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