Update on ElianaEliana is a street vender selling ceviche (a seafood dish) on a city street in Cusco. She goes out to sell the delicious ceviche from her improvised stall from 9 a.m. to 6 p.m. It is going well, and she gets her family ahead. She is requesting the loan to buy inputs for the preparation of the ceviche such as rice, fish, lemon, onion, corn, lettuce and celery among other ingredients. She is happy to have the loan and commits to making her loan repayments.
Previous Loan DetailsEliana lives in the historic city of Cusco in the Department of Cusco, Peru. The people in the city of Cusco work in different types of businesses and in providing services. Eliana works selling ceviche and she tells us that she has a cart in front of the Tica Tica market where she can be found... More from Eliana'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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Success!! The loan was 100% repaid