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Gregoria

Update on Gregoria

She continues with her business selling juice in a market stand. She prepares orange, papaya and strawberry juice from 8am until 6pm. She’s been in business 8 years and supports her children by means of this business. Her dream is to have a locale where she can sell her juice. She’s asking for the loan to buy fruit like oranges, papayas, strawberries and bananas 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 jugos,ella vende en el mercado en un puesto,la socia prepara jugos de naranja,jugo de papaya y jugos de fresa,el socio trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia teiene 8 años en este negocio,la socia por medio de este negocio saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender jugos.La socia solicita el credito para comprar frutas como naranjas,papaya,fresas y platanos al por mayor.

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

Previous Loan Details

Gregoria is a partner in the communal bank "TINKA". The bank is located in the district of Cusco, which is located in the province and departments of Cusco. Gregoria, the partner, is 58 years old and is married with two children. She alternates her daily activities with a business that sel... More from Gregoria'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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,097,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Gregoria to buy fruit like oranges, papayas, strawberries and bananas at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Gregoria. It was first posted on Kiva on Dec, 2011. Learn More