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Guillermina

Update on Guillermina

Guillermina is 48 years old. She continues with her business of selling essential items from the grocery store she has set-up in her house.

Guillermina is asking for a loan to buy merchandise such as rice, sugar, noodles, milk and soft drinks. She is very grateful for the help of Kiva, which has helped her to strengthen her business which has allowed her to maintain, and offer a better quality of life to, her family. She is a member of the communal bank “Kanchary” in the city of Cusco - Peru
View original language description ↓
La socia es la señora Guillermina, ahora con 48 años de edad, ella continúa con su actividad económica de venta de productos de primera necesidad en su tienda de abarrotes que la socia tiene en su casa. Guillermina en esta oportunidad está solicitando el préstamo para capitalizar actividad y comprar mercadería como arroz, azúcar, fideos, leche y bebidas gaseosas. Guillermina está muy agradecida con la ayuda de KIVA, por ayudarla a fortalecer su actividad económica la cual le permite ofrecer una mejor calidad de vida a su familia y en el mantenimiento de la misma. La socia pertenece al banco comunal “KANCHARY”; de la ciudad del Cusco – Perú.

Previous Loan Details

Guillermina belongs to the "Kanchary" communal bank located in Cusco district, which is part of the province and department of Cusco. She is 48, single, and has two children. Along with her daily activities, she has a grocery store. She sells basic household necessities such as rice, sugar, no... More from Guillermina'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
  • 113
    View loans »
    Peru Loans Fundraising
  • $55,250,775
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Guillermina to buy rice, sugar, noodles, milk and soft drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Guillermina. It was first posted on Kiva on Oct, 2011. Learn More