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Abelina

Update on Abelina

Introducing Abelina, a member of "Virgen del Carmen de Yuncaypata", a Communal Bank located in Yuncaypata, a community of the province and department of Cusco.

Abelina keeps on breeding small animals such as “cuyes” (“cuy” is Quechua for Guinea pig), hens and pigs. She breeds these animals to then sell them to those among her customers that mostly request them, such as restaurants and fair retailers. She has been engaged in this activity for many years and things are going well thanks to the determination she daily works with. Abelina is a responsible and persevering person, as though this activity she provides for her family.

She is requesting a loan to buy cuyes for her activity.

She is happy about the loan and she commits to complying with the repayments of her dues.
View original language description ↓
La socia pertenece al banco comunal “VIRGEN DEL CARMEN DE YUNCAYPATA”; El banco está ubicado en la comunidad de Yuncaypata, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Abelina; la socia continua con su negocio de crianza de animales menores como cuyes, gallinas y chanchos, la socia cria a estos animalitos para luego venderlo a sus clientes que mas le solicitan como restaurantes y ferias ,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el préstamo para la compra de cuyes para su negocio.

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

Previous Loan Details

Here is a member of the communal bank named "Virgen del Carmen de Yuncaypata". It is located in the community of Yuncaypata, in the province of Cusco and the department of Cusco. Her name is Abelina. She is 59 years old, married, and she has 5 children. She alternates her daily activities with... More from Abelina'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
  • 121
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Abelina to buy cuyes for her activity.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Abelina. It was first posted on Kiva on Apr, 2011. Learn More