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Andrea

Update on Andrea

This member still works buying and selling milk. She conducts her business as a traveling merchant, bringing the milk to different locations. She also continues to work farming and selling wood. These businesses allow her to provide for her children. This member's dream is to have her own store to sell her milk.

This member is requesting a loan to purchase milk. She is grateful for the loan and promises to comply with her payment plan.
View original language description ↓
La socia se sigue dedicando al negocio de compra y venta de leche,la socia vende leche en forma ambulatoria llevando a diferente lugares,la socia tambien se sigue dedicando al negocio de agricultura y venta de madera,por medio de estos negocios la socia saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender leche.La socia solicita el credito para comprar leche.

La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Andrea still buys and sells milk. The member works by making traveling sales to customers who request her product. Also, she still dedicates herself to agriculture and wood sales. The member is a responsible and hardworking person, and that's how she gets her family ahead. The member requests th... More from Andrea'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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Andrea to purchase milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013