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Update on Elena

Elena belongs to the communal bank HATUN RUMIYOC and continues to run her bar business. She sell beverages such as beer, sodas, water, and more. For years she has managed her business, working from 4:00 p.m. until about 1:00 a.m. She is responsible and hardworking because she must support her family.

Elena is applying for a loan to buy beer for her business. She is grateful for the loan offered and promises to make her payments as scheduled.
View original language description ↓
La socia pertenece al banco comunal HATUN RUMIYOC,la socia continua con su negocio de bar ,la socia vende lo que son bebidas como cerveza ,gaseosas,agua entre otros,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia trabaja desde las 4:00pm hasta la 01:00am aproximadamente,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de cerveza para su negocio.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuoatas establecidas en el plazo estipulado.

Previous Loan Details

Introducing Elena, a member of “HATUN RUMIYOC”, a communal bank located in the district, province and department of Cusco. Elena is 51 years old, she is married and she has 4 children. She alternated her daily chores with her activity as bar owner: she sells beers and fizzy drinks, and she wor... More from Elena'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
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,151,175
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elena to buy beer for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 12, 2012
Nov 12, 2012
Currency Exchange Loss:
Mar 15, 2013