Check out some available loans that are similar to this one!
Ricardina

Update on Ricardina

Ricardina continues to work at her business selling food. She prepares dishes such as chicken soup, chicken and rice, and others. She works from 8:00am until 5:00pm. Her dream is to have a restaurant.

She is requesting this loan to purchase meat, chicken, and vegetables. She is happy with the loan and promises to make her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de venta de comida,la socia prepara platos como caldo de gallinas,arroz con pollo entre otros platos,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,el sueño de la socia es tener un restaurant.La socia solicita el credito para comprar carne,pollo y verduras.

La socia esta feliz con el credito y se compromete a pagar las cuotas.

Previous Loan Details

Ricardina was born in the city of Cusco (Peru) and is 56 years old. She currently lives in the city in which she was born. Her business is selling food as an itinerant street vendor in Huancaro market, in the city of Cusco. She has been in this business for ten years and she is doing very well... More from Ricardina'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
  • 75
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ricardina to purchase meat, chicken, and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013