Update on Susana ZoilaSusana belongs to the communal banc “Caminemos Juntas” (Let’s walk together) and currently works in her own grocery store. She has been involved in this business for several years, and has succeeded as a result of her daily efforts. She sells different products like: rice, sugar and candy, amongst others. Susana is a responsible and determined person, and this is how she is able to provide for her family.
She is requesting the loan for the purchase of rice and milk for her business. Susana feels thankful for her previous loan and she is committed to meet all of the established repayments.
La socia solicita el credito para la compra de arroz y leche para su negocio.
La socio se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsSusana, 58, is a member of the “CAMINEMOS JUNTAS” (Let’s Walk Together) communal bank. She lives in Huanchac District, Cusco Province and Department. She is married and has three children who are 33, 29 and 26 years of age. She alternates her daily chores with running and tending to her… More from Susana Zoila'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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