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Update on Ernestina

This member is Señora Ernestina. She belongs to the communal bank “Luz Del Sur” (Southerly Light) in the city of Cusco – Perú. The member is a hard working woman and the mother of four children. She is a homemaker and runs her house. At this time, Ernestina is requesting the loan to pay for the utilities generated by her home and also to invest in one of her son's education by paying his university tuition.
Ernestina works a lot and makes sacrifices in order to give her children a better life and, most importantly, a better education.
This member is very grateful to KIVA for enabling her to give her family a better quality of life and to give her children a better education.
View original language description ↓
La socia es la señora Ernestina, ella pertenece al banco “LUZ DEL SUR” de la ciudad del Cusco – Perú. La socia es una mujer trabajadora y madre de 4 hijos, la socia es ama de casa y administra su hogar, Ernestina en esta oportunidad está solicitando el préstamo para pagar los servicios públicos que genera la casa y también invertirá en la educación de uno de sus hijos, pagando la universidad.
Ernestina trabaja mucho y se sacrifica para darles a sus hijos una mejor vida, y lo que es más importante, brindarles una mejor educación.
La socia está muy agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y una mejor educación a sus hijos.

Previous Loan Details

Ernestina is one of 12 members of the village bank “Luz del Sur”, located in the Andean highlands of Cusco. Antonia is 54 years old and, with her partner, is raising four children between the ages of 14 and 25. For the past three years, Antonia has been working as a housemaid in order to support ... More from Ernestina'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $12,000
    Average annual income
  • 130
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ernestina to pay for her utilities and her son's university tuition.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Oct 23, 2012
Currency Exchange Loss:
Mar 15, 2013