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Raimunda

Update on Raimunda

Raimunda is a member of Las Triunfadoras community bank, which is located in the Andahuaylillas district in the Quispicanchis province of Cusco, Peru. She continues her business selling candy as a street vendor across from the market in her community.

Raimunda is requesting a loan to purchase merchandise such as candy, cookies, chocolates, drinks, and sodas in order to capitalize her business. With her income she will continue building her house, which is her main goal and dream.

Raimunda is very grateful to Kiva for allowing her to continue with her business so that she can support her household.
View original language description ↓
La socia es la señora Raimunda, ella pertenece al banco comunal “Las Triunfadoras” del distrito de Andahuaylillas, de la provincia de Quispicanchis del Cusco – Perú. La socia continúa en su comercio de golosinas, las cuales vende en un modulo ambulante frente al mercado de su comunidad. Raimunda en esta oportunidad requiere el préstamo para comprar mercadería como dulces, galletas, chocolates bebidas gaseosas etc. para capitalizar su comercio y con sus ingresos económicos seguir construyendo su casa que es el principal objetivo y sueño de la socia.
Raimunda está muy agradecida con KIVA por permitirle continuar en su actividad económica y con este trabajo llevar el sustento a su hogar.

Previous Loan Details

Sra. Raimunda is a member of the Communal Bank “Las Trinufadoras” (The Winners) which is located in the District of Andahuaylillas, Quispicanchis Province, Department of Cusco.

She is 34 years old and in a common-law relationship. Raimunda buys candy in bulk and then sells at retail from a... More from Raimunda'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
  • 110
    View loans »
    Peru Loans Fundraising
  • $56,770,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Raimunda to purchase candy, cookies, chocolates, drinks, and sodas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Raimunda. It was first posted on Kiva on Oct, 2011. Learn More