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Pedro Jose

Update on Pedro Jose

[Pedro Jose] is continuing with his family business and has been doing this for years. Things are going well thanks to the effort he puts into his business each day. He works together with his wife, preparing breakfasts, lunches, and dinners. He wants to continue working like this so that he can support his family and works from 8:00am to 5:00pm and gets his family ahead this way.

He is asking for this loan in order to buy cooking oil and rice for his business. He’s happy about the loan and promises to make his payments on time.
View original language description ↓
El socio continua dedicandose al negocio de pension familiar,el socio lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,el socio trabaja conjuntamente con su esposa preparando desayunos,almuerzos y cenas,el socio desea poder seguir trabajando para de esta forma seguir apoyando a su familia,el socio trabaja desde las 08:00am hasta las 05:00pm siendo de esta forma que el socio saca adelante a su familia.
El socio solicita el credito para la compra de aceite y arroz para su negocio.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

This member continues working in his family restaurant. He and his wife prepare breakfasts, lunches and dinners. He works form 8.00am to 5.00pm and, through his business, he hopes to make progress in life. He is requesting this loan to buy cooking supplies such as rice, meat, chicken and veget... More from Pedro Jose'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
  • 72
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Pedro Jose to buy ingredients for his restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Pedro Jose. It was first posted on Kiva on Jul, 2012. Learn More