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Zonia

Update on Zonia

The member continues dedicating herself to her restaurant business, where she prepares breakfasts, lunches and dinners. She prepares oven-roasted chicken, soups and beef stew, she works from 9 a.m. to 8 p.m., she has seven years of experience and does very well, her dream is to expand the restaurant. She requests a loan to buy vegetables, chicken and beef.
The member is thankful for the support provided and commits to be disciplined when making the loan payments.
View original language description ↓
La socia se sigue dedicando al negocio de restaurant,la socia prepara desayunos,almuerzos y cenas,la socia prepara pollo al horno,sopas y saltado de carne,la socia trabaja desde las 9:00 a.m hasta las 8:00 p.m,la socia tiene 7 años y le va muy bien,el sueño de la socia es ampliar el negocio de restaurant.La socia solicita el credito para comprar verduras,pollo y carne.

La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

Previous Loan Details

The member is Sra. Zonia. She continues dedicating herself to her restaurant business where she offers breakfasts, lunches and dinners. The member has spent years in this business, which is going well thanks to the effort she puts into it. She works from 9 a.m. until approximately 8 p. m. At the... More from Zonia'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
  • 77
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Zonia to buy vegetables, chicken and beef.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Zonia. It was first posted on Kiva on Aug, 2012. Learn More