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Jack Harrison

Update on Jack Harrison

Jack belongs to the “Virgen Asunta de Calca” communal bank in the Calca del Cusco Province, Peru. Jack owns a bookstore where he continues selling such items as books, office supplies and stationery supplies in general. Jack’s asking for a loan to buy merchandise like notebooks, books, didactic laminated sheets and office supplies in general. He’s very grateful to KIVA for helping him continue to work in his commercial activity which represents his being able to support his home and family.
View original language description ↓
El socio es el señor Jack, él pertenece al banco comunal “Virgen Asunta de Calca” de la provincia de Calca del Cusco – Perú. Jack tiene una librería donde continúa vendiendo artículos de como libros, articulos de oficina y papelería en general. Jack está solicitando el préstamo para comprar mercadería como cuadernos, libros, laminas didácticas educativas y útiles de escritorio y la oficina en general, por ello el socio está muy agradecido con KIVA por ayudarlo a continuar trabajando en su actividad comercial la cual representa el sustento de su casa y de su familia.

Previous Loan Details

Jack Harrison is still devoted to the bookstore business. He sells notebooks, pencils, and books. He also still offers photocopying, printing, and binding services among other services. He has been in this business for 8 years. In his free time he likes going for a walk with his children. His… More from Jack Harrison'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
  • 79
    View loans »
    Peru Loans Fundraising
  • $53,929,875
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jack Harrison to buy school and office supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Jack Harrison. It was first posted on Kiva on Sep, 2012. Learn More