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Felipa

Update on Felipa

The member continues to be dedicated to the farming business. She has some farm land where she plants maize, potato and vegetables like onions, carrots and then sells them in the market. She works from 8AM until 5PM and it's going very well. The member already has six years experience in this business. Her dream is to expand the farm land. She is requesting the loan to buy seeds and fertilizer.

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 agricultura,ella tiene un terreno de cultivo donde siembra maiz,papa y verduras como cebollas,zanahorias y luego lo vende en el mercado,la socia trabaja desde las 8:00 a.m hasta las 5.00 p.m y le va muy bien,la socia ya tiene 6 años en este negocio,el sueño de la socia es ampliar el terreno de cultivo.La socia solicita el credito para comprar semillas y fertilizantes.

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

Previous Loan Details

The communal bank is known as “ SEÑOR D. COYLLURITTI D. CCORAO”. This bank is located in Poblado D. Ccorao - Pisac, situated in the Calca Province in the Department of Cusco. The member is 42 year old Felipa, who is married and has 4 children. She is principally engaged in agriculture and has ... More from Felipa'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
  • 115
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Felipa to buy seeds and fertilizer.
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 Felipa. It was first posted on Kiva on May, 2011. Learn More