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Update on Yhasmany

The member belongs to the communal bank CAMINEMOS JUNTOS and is still in business selling cigarettes. He works with his mother and sells goods to customers in the cities of Ayacucho, Andahuaylas and to other customers who order. He has been in business for several years and, thanks to the hard work he puts into it daily, it is going well. He also is still working for a private company, and is able to support his family with this lifestyle.

He is requesting a loan to buy cigarettes for his business. He is grateful for the loan and committed to paying it back on time.
View original language description ↓
EL socio pertenece al banco comunal CAMINEMOS JUNTAS,el socio sigue con su negocio de venta de cigarrillos ,el socio trabaja conjuntamente con su mama,el socio reparte su mercaderia a sus clientes que le solicitan como en las ciudades de Ayacucho,Andahuaylas y otros clientes que le solicitan,el socio lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,el socio a la vez continua trabajando en una empresa privada siendo de esta forma que el socio saca adelante a su familia.
El socio solicita el credito para la compra de cigarrillos para su negocio.
El socio se siente agradecido por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Yhasmany is 24 years old, has a son, and lives in the city of Cusco, Peru. Yhasmany works for a company that provides security services. He and his mother Francisca sell cigarettes. They send their products to the cities of Ayacucho and Andahuaylas. Yhasmany requests a loan to buy more mercha... More from Yhasmany'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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Yhasmany to buy cigarettes for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 21, 2012
Oct 15, 2012
Currency Exchange Loss:
Feb 15, 2013