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Percy

Update on Percy

The member continues working as a doctor. He has a medical clinic where he works from 8:00 am until 6:00 pm. His dream is to expand his medical clinic so that he can provide more efficient service. He is requesting a loan to buy tools for work including medicine.

He is happy with the loan and is committed to making his payments.
View original language description ↓
El socio se sigue dedicando al trabajo como medico,el socio tiene un consultorio medico donde trabaja desde las 8:00 a.m hasta las 6:00 p.m,el sueño del socio es ampliar el consultoriuo medico para que de una atencion mas eficiente.El socio solicita el credito para comprar instrumentos de trabajo como medicinas.

El socio esta feliz con el credito y se compromete a pagar sus cuotas.

Previous Loan Details

The borrower is a member of the communal bank, “CHASKA ÑAHUI”; located in the district of Cusco, in the department of Cusco in the Cusco province. The borrower is Sr. Percy, 75 years old, who is married with 7 children. He is a doctor, and unemployed surgeon, with a surgery in the center of th... More from Percy'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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Percy to buy tools for work like medicine.
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