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Justina

Update on Justina

The member continues to be dedicated to the business of selling crafts. She sells blankets and woven items. She still has an opticians in Cusco. The member sells crafts in the Plaza de Armas. She sells from 8AM until 5PM. She already has six years experience and it's going very well. Her dream is to expand the crafts business. She is requesting the loan to buy blankets and woven items.

The member is thankful and wishes to express that she will make her repayments in a disciplined manner.
View original language description ↓
La socia se sigue dedicando al negocio de venta de artesania,la socia vende mantas y tejidos,al socia sigue teniendo un optica en el cusco,la socia la artesania lo vende en la plaza de armas,la socia vende desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 6 años y le va muy bien,el sueño de la socia es ampliar el negocio de artesania.La socia solicita el credito para comprar mantas y tejidos.

La socia se encuentra agradecida y desea expresar que cumplirá de manera disciplinadamente con los pagos de sus cuotas.

Previous Loan Details

This community bank is called “SEÑOR DE COYLLURITTI DE CCORAO”. It is located in the village of Ccorao-Pisac, in Calca province, in Cusco department. Justina is 34 years old, married, and has three children aged 16, 14 and 12. Her business is selling handicrafts in the village of Pisac. She… More from Justina'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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Justina to buy blankets and woven items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Justina. It was first posted on Kiva on May, 2011. Learn More