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Update on Valentina

The member belongs to the communal bank "MADRES TRABAJADORAS". She makes a living selling calling services both local and international. She does this going from town to town and because of this business she is able to spend more time with her children as it is her own business. This is one of the motivations she loves most about what she does. Her family also relies on their car which serves as a taxi business - her husband being the driver. She is seeking a loan to do maintenance on the car like an oil change. She is grateful for this loan and promises to repay in a timely manner.
View original language description ↓
La socia pertenece al banco comunal “MADRES TRABAJADORAS”, la socia se dedica al negocio de llamadas telefónicas, ella realiza llamadas tanto locales como nacionales, la socia realiza esta actividad de forma ambulatoria y mediante este negocio ella puede estar más tiempo con sus hijos ya que su trabajo es independiente, esto es uno de los motivos que hace que le guste más lo que realiza, la socia cuenta con un carro el cual brinda el servicio de taxi siendo su esposo quien maneja el carro.
La socia solicita el crédito para realizar el mantenimiento de su carro como el cambio de aceite.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

The member belongs to the "Madres Trabajadores" ("working mothers") community bank. The bank is located in the district of Cusco, belonging to the province and department of Cusco. The member is Valentina. She is 59 years old and lives with her partner and has two children. The member alternat... More from Valentina'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

  • $12,000
    Average annual income
  • 123
    View loans »
    Peru Loans Fundraising
  • $60,147,450
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Valentina to do maintenance on her car like an oil change.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 11, 2012
Oct 6, 2012
Currency Exchange Loss:
Feb 15, 2013