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Valeriana

Update on Valeriana

Valeriana continues making a living in her business selling grains. She sells quinoa, tarwi [a native Andean grain], wheat, and soaked grains. She sells in the market from 8:00 a.m. until 6:00 p.m. She has been in this business for five years and it's going well for her. Her dream is to have a place where she can sell her grain.

She's requesting the loan to buy tarwi, wheat, and quinoa.

She's grateful and wants to make it known that she'll make her payments in a disciplined fashion.
View original language description ↓
La socia se sigue dedicando al negocio de venta de cereales,ella vende quinua,tarwi,trigo y productos remojados,la socia lo vende en el mercado desde las 8:00 a.m hasta las 6:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien,el sueño de la socia es tener un local donde pueda vender los cereales.La socia solicita el credito para comprar tarwi,trigo y quinua.

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” and is located in the village of Ccorao-Pisac, in Calca province, in Cusco department. Valeriana is 48 years old, married, and has three children. Her eldest is 17 and her youngest are 15. Her eldest son lives independently. Val... More from Valeriana'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
  • 111
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Valeriana to buy wheat, quinoa, and tarwi.
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 Valeriana. It was first posted on Kiva on May, 2011. Learn More