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Delfin Leopoldo

Update on Delfin Leopoldo

This member still belongs to one of Asociacion Arariwa's communal banks in the city of Cusco. He continues to work offering public transportation services.

He is a responsible and kind person who provides for his family. He is requesting this loan to do maintenance on his car. He is happy with the loan and promises to pay his installments.
View original language description ↓
El socio continúa en uno de los bancos comunales de la Asociacion Arariwa de la ciudad del Cusco y con el servicio de trasporte público. Es una persona responsable y amable que saca adelante a su familia. Solicita el préstamo para hacer mantenimiento del carro. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Delfin makes a living in the transportation business. He has a car that he drives for the public between 8 a.m. and 5 p.m. He wants to make headway with this business, and his dream is to expand it. He is requesting the loan to purchase parts for his car, such as tires. Delfin is happy about the ... More from Delfin Leopoldo'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
  • 103
    View loans »
    Peru Loans Fundraising
  • $56,733,750
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Delfin Leopoldo to maintain his car.
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
This photo was used before for a previous loan for Delfin Leopoldo. It was first posted on Kiva on Jul, 2012. Learn More