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Guadalupe

Update on Guadalupe

The borrower belongs to the "Comuzone 1" communal bank. She is continuing with her meat-selling business. She has been in this business for some time, and it is going well, thanks to the effort she puts into it each day.

She sells in one of the markets in the city of Cuzco, and works from 6:00am to 5:00pm approximately.

The borrower is a responsible and hard-working person, as this is how she is helping her family get ahead in life.

She is requesting the loan to buy beef for her business.

She feels grateful for the loan she has been granted, and promises to pay her scheduled installments.
View original language description ↓
La socia pertenece al banco comunal COMUZONEI ,la socia continua dedicandose al negocio de venta de carne ,la socia lleva buen tiempo en este su negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia vende en uno de los mercados de la ciudad de Cusco ,ella trabaja desde las 06:00am hasta las 05:00pm 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 carne de res para su negocio.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Guadalupe was born in the city of Cusco and is 34 years of age. She lives in a common law marriage and has three children. Currently, Guadalupe lives in the city where she was born and where she works. She sells wholesale meat in one of the most visited markets in the city of Cusco. It has… More from Guadalupe'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
  • 78
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Guadalupe to buy beef for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013