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Feliciana

Update on Feliciana

She continues in the “Virgen Concebida de Arin” communal bank and with her sales of basic staples and with her crafts-making. She also works raising small farm animals like guinea pigs, pigs and chickens. She’s been in business several years now and does quite well. She’s asking for the loan to buy feed (bran, alfalfa, vitamins, grass and concentrate) for her animals. She is a responsible, kind person who supports her family and she’s happy with the loan and committed to make her payments.
View original language description ↓
La socia continúa en el banco comunal “Virgen Concebida de Arin” y con la venta de productos de primera necesidad y con la elaboración de artesanía, ella también se dedica a la crianza de animales menores como cuyes, chanchos y pollos. Ya son varios años que se dedica al negocio y le va muy bien. Solicita el préstamo para comprar alimento (afrecho, alfalfa, vitaminas, pasto y concentrados) para sus animales. 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

The businesswoman belongs to the communal bank “Virgen Concebida de Arin.” The meetings of the communal bank take place in the district of Arin in the province of Calca and department of Cusco. The member continues to work in the sales of groceries, like, for example, sugar, rice, noodles, oil... More from Feliciana'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
  • 78
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Feliciana to buy animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013