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Milenka Teresa

Update on Milenka Teresa

This borrower continues to dedicate herself to working for a private company. She works from 8:00 a.m until 6:00 p.m. She has been working for the private company for 7 years now. In her free time, she likes to go out walking with her children. Her dream is to have a business selling clothing. She is requesting the loan to buy a television for her home.

The borrower is happy about the loan and is committed to making her payments on schedule.
View original language description ↓
La socia se sigue dedicando al trabajo en una empresa privada,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia ya tiene 7 años trabajando en la empresa privada,la socia en sus tienpos libres le gusta salir a pasear con sus hijos,el sueño de la socia es tener un negocio de venta de ropa.La socia solicita el credito para comprar un televisor para su casa.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

This member belongs to the communal bank "Maria Elena Moyano.“ Her name is Milenka Teresa, she is 33 years old, has 2 children and is married. She alternates her daily activities with working for a private company. She has been in her position for quite a while and it has been going well for h... More from Milenka Teresa'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
  • 104
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Milenka Teresa to buy a television for her home.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Jan 1, 2013
Currency Exchange Loss:
Apr 17, 2013
This photo was used before for a previous loan for Milenka Teresa. It was first posted on Kiva on Aug, 2012. Learn More