Check out some available loans that are similar to this one!
Vicente

Update on Vicente

This member continues with the “Anna Jarvis III” Commual Bank and with his work in civil construction. He is a responsible and friendly person who is helping his family get ahead. He is requesting a loan to do maintenance on his house; he is going to repair the roof since the rainy season is approaching. He is happy with the loan and is committed to making his payments on time.
View original language description ↓
El socio continúa en el banco comunal “Anna Jarvis III” y con el trabajo de la construcción civil. Es una persona responsable y amable que saca adelante a su familia. Solicita el préstamo para hacer mantenimiento de la casa o sea va arreglar el techo pues se están acercando la época de las precipitaciones fluviales. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Vicente was born in the city of Cusco and he’s 21 years old. Vicente currently lives in the Imperial City of the Incas (Cusco, Perú). He and his spouse have a son. He is a responsible father who works in civil construction; he’s a Bricklayer and has been working in construction for a year and ... More from Vicente'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $6,715
    Average annual income
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,878,425
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Vicente to do maintenance on his house.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013