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Camilo

Update on Camilo

Camilo continues in the “Los Solidarios” communal bank and in the business of raising small farm animals; he also works in agriculture. His dream is to expand the animal husbandry and the agriculture business. He requests the loan to buy seeds and to buy animals like guinea pigs and chickens. He’s happy about the loan and commits to make his payments.
View original language description ↓
Camilo continúa en el banco comunal “Los Solidarios” y en el negocio de crianza de animales menores, además se dedica a la agricultura. Su sueño es ampliar el negocio de crianza de animales y negocio de la agricultura. Solicita el crédito para comprar semillas y para comprar animales como cuyes y gallinas. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

He is a member of the communal bank "Los Solidarios"; The communal bank is located in the district of Urubamba, which is a part of the province of Urubamba in the department of Cusco. He makes a living raising animals, like guinea pigs and hens. He also works in agriculture, planting potatoes... More from Camilo'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
  • 127
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Camilo to buy seeds and animals like guinea pigs and chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013