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

Update on Luis Gualberto

Luis continues with one of Arariwa Association's communal banks and the planting and harvesting of coffee. He is a responsible and kind person who is getting his family ahead. He is requesting a loan to buy fertilizer and seeds. He is happy about the loan and is committed to making his payments.
View original language description ↓
El socio continúa en uno de los bancos comunales de la Asociación Arariwa y con la siembre y cosecha de café. El es una persona responsable y amable que saca adelante a su familia. Solicita el préstamo para comprar fertilizantes y semillas. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Luis is still participating in Asociación Arariwa’s micro loan unit’s “Qorichaska del Cusco” communal bank. He still farms coffee and raises small farm animals like guinea pigs. Luis did very well with his previous loan and was able to obtain good benefits so now he wants another loan because i... More from Luis Gualberto'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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Luis Gualberto to buy fertilizar and seeds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013