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Celedonio

Update on Celedonio

He continues working in transportation. He has a car he uses to provide taxi service in various streets in Cusco. He works very hard and responsibly. He’s been in business six years and does very well. His dream is to own a new car. He requests the loan to buy tires. He’s happy with the granted loan and commits to make his payments.
View original language description ↓
El socio se sigue dedicando al negocio de transporte,el tiene un carro donde hace servicio de taxi en las diferentes calles de la ciudad de Cusco,el socio trabaja con mucho empeño y responssabilidad,el socio ya tiene 6 años en este negocio y le va muy bien,el sueño del socio es tener un carro nuevo.El socio solicita el credito para comprar llantas.

El socio esta contento con el credito otorgado y se compromete a pagar las cuotas.

Previous Loan Details

Caledonio was born in the city of Quillabamba (Cusco, Peru). He is 44 years old, and now lives in Cusco with his spouse and their three children. Caledonio works in the city as a chauffeur, using his own taxi. He works from 6 AM to 9 PM, seven days a week. He has been driving a taxi for several y... More from Celedonio'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
  • 118
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Celedonio to buy tires.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Celedonio. It was first posted on Kiva on Jun, 2011. Learn More