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Ubaldina

Update on Ubaldina

She continues in the “Señor de Qoyllority de Lucre” communal bank and selling meat, potatoes, dehydrated potatoes, green lima beans, dried tuber and cheese. She’s been selling vegetables for many years now and does very well. She requests the loan to repair her cart. She’s a responsible, kind person who supports her family and is happy with the loan and commits to make her installment payments.
View original language description ↓
La socia continúa en el banco comunal “Señor de Qoyllority de Lucre” y con la venta de carne, papa, chuño, haba verde, moraya y queso. Ya son varios años que se dedica a la venta verduras y le va muy bien. Solicita el préstamo para hacer mantenimiento del carro. Es una persona responsable y amable que saca adelante a su familia y está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Member Ubaldina from the Lucre district, Quispicanchi province, Cusco department is 61 years old, married, and has eight children. For living she sells meat, potatoes, potato flour, green beans, stew, and cheese. She takes vegetables to Huancarani city and when she returns from the city she brings… More from Ubaldina'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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,963,900
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ubaldina to repair her cart.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Ubaldina. It was first posted on Kiva on Jun, 2012. Learn More