Update on AnonymousThe member belongs to the communal bank Madres Trabajadoras. She works selling natural mates (beverages) that she prepares herself such as apple water and purple corn. She sells as a street vendor every day in the mornings as well as the afternoons, and in the evenings not dedicated to caring for her children. She has been in this business for some time and it is going well thanks to the effort that she puts in each day to the business. She is a very friendly person and this is the way she supports her family.
She is asking for a loan to buy supplies such as apples, corn and some natural herbs.
She is happy with the granted loan and is grateful to the Kiva loaners.
La socia solicita el crédito para la compra de insumos como manzanas,maiz,y algunas hierbas naturales.
La socia está contenta con el crédito otorgado y agradece a los inversionistas de kiva.
Previous Loan DetailsThis borrower belongs to the "Madres Trabajadoras" (Hard-working Mothers) community bank which is located in Tica Tica district, in Cusco province, in Cusco department. The borrower is 32 years old, lives with her partner, and has three children aged 10, 8 and 7. She divides her time between ... More from Anonymous'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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Success!! The loan was 100% repaid