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Julia

Update on Julia

This borrower continues to participate in the Communal Bank “Virgen Concebida de Arin”. She raises small animals such as guinea pigs, chickens, hens, and pigs. The borrower also sells “chicha de jora” (a traditional beverage made from corn) and beer. She has been in business for several years and has done very well.


The borrower is requesting a loan so that she can buy small animals, such as guinea pigs and hens. She is a responsible and kind person who wants to move her family forward. The borrower is pleased with the loan and promises to complete her payments.

View original language description ↓
La socia continúa en el banco comunal “Virgen Concebida de Arin” y con la crianza de animales menores como por ejemplo cuyes, pollos, gallinas y chanchos, ella también se dedica a la venta de chicha de jora y cerveza. Ya son varios años que se dedica al negocio y le va muy bien. Solicita el préstamo para comprar animales menores como cuyes y gallinas. 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

Julia is a member who continues to participate in the Communal Bank “Virgen Concebida de Arin”. She is a responsible and cheerful person. Julia raises small animals, such as chickens and pigs. She has been in this business for many years and has done very well thanks to the effort she puts... More from Julia'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
  • 103
    View loans »
    Peru Loans Fundraising
  • $57,342,125
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Julia to buy guinea pigs and hens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013