Check out other loans that are currently fundraising!
Gladys Elisa

Update on Gladys Elisa

The member continues to be dedicated to the business of buying and selling crafts. The member sells blankets and takes them to different markets. She works from 8AM until 5PM. The member already has five years experience in this business and it is going very well. The member's dream is to have a shop where she can sell the blankets. The member is requesting the loan to buy blankets.

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 compra y venta de artesania,la socia vende mantas y lo lleva a diferentes ferias,la socia trabaja desde las 8:00 a.m hasta als 5:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien,el sueño de la socia es tener un locla donde pueda vender las mantas.La socia solicita el credito para comprar mantas.

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

Previous Loan Details

This communal bank is called “Señor de Coylluritti de Ccorao” and it is located in the town of Ccorao – Pisac, which forms part of the Province of Calca and the Department of Cusco.

Gladys is 35 years old, married, and has two children who are 6 and 12 years old. She buys and sells… More from Gladys Elisa'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
  • 52
    View loans »
    Peru Loans Fundraising
  • $53,895,075
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Gladys Elisa to buy blankets.
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 Gladys Elisa. It was first posted on Kiva on May, 2011. Learn More