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Benita

Update on Benita

She continues in her business selling food and making ‘chicha,’ a corn-based beverage. She also continues raising guinea pigs, pigs and chickens. She fattens them up and then sells them in various street markets. She’s been in the food and chicha making business for six years and has been raising animals for five years. Her dream is to expand her small businesses and to have a locale where she can sell her animals in. She’s asking for a loan to buy animals like guinea pigs, chickens and pigs at wholesale as well as to buy feed for them. She is grateful for the granted loan and commits to make her payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de comida y elaboracion de chicha,ella elabora la chicha que es una bebida a base de maiz,la socia tambien se sigue dedicando al negocio de crianza de cuyes,chanchos y gallinas,la socia los hace engordar y crecer y luego los vende en las diferentes ferias,la socia en el negocio de venta de comida y elaboracion de chicha ya tiene 6 años y en el negocio de crianza de animales tiene 5 años,el sueño de la socia es ampliar sus pequeños negocios y tener local donde pueda vender los animales.La socia solicita el credito para comprar animales como cuyes,gallinas y chanchos al por mayor y tambien comida para los animales.

La socia agradece por el credito otorgado y se compromete a cumplir con los pagos.

Previous Loan Details

Benita was born in the city of Yanahoca (which is in Urubamba Province, in Cusco Department). Benita is 65 years old and is married; the fruits of this relationship are her five children. For the last seven years, Benita has resided in the city of Cusco, and this is where she works. She works… More from Benita'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
  • 53
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Benita to buy small farm animals like guinea pigs, chickens and pigs as well as feed for them.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Benita. It was first posted on Kiva on Sep, 2011. Learn More