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

Update on Moises

Moises continues being a member of the “Qorichuspas” communal bank in Cusco, Peru. He also continues working in civil construction as a master construction worker. On this occasion, he’s asking for a loan to buy tools he heeds for work. Moises is very grateful to KIVA for making it possible for him to continue in this economic activity that is his main source of income to support his family.
View original language description ↓
Moises es el socio que pertenece al banco comunal “QORICHUSPAS” de la ciudad del Cusco – Perú. El señor Moises continúa dedicándose a la construcción civil como maestro de obras. Moises en esta oportunidad está solicitando su préstamo para comprar herramientas que le faciliten el desarrollo de su trabajo. Moises está muy agradecido con KIVA por permitirle mantenerse en su actividad económica, la cual representa el principal ingreso económico para el sustento de su familia.

Previous Loan Details

Moises continues working as a construction worker. He is a master of civil construction and carries out projects such as houses, renovations and house finishings. He works from 8.00 a.m. to 6.00 p.m. in this business on average. Moises is helping is kids to move towards a better future. His dream... More from Moises'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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,770,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Moises to buy work tools.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013