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Soledad

Update on Soledad

Soledad still works in farming and raising livestock, such as chickens. She raises these little animals to later sell them to the customers who request them. She has been in this business for several years now and it is going well for her. She is asking for this loan to buy chickens.

Soledad is thankful for the loan she has been granted and she promises to make her payments.
View original language description ↓
Soledad continua con la agricultura y a la crianza de animales como pollos, la socia cría a estos animalitos para luego venderlo a sus clientes que le solicitan. Ya son varios años que se dedica a este negocio y le va muy bien. Solicita el préstamo para la compra pollos.
Soledad se siente agradecida por el préstamo otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Soledad is a member who continue to farm and raise animals, such as chickens. She raises these animals so that she can sell them later to her customers who request them. Soledad has been in this business for many years and has done well thanks to the effort she puts into her work. She is a res... More from Soledad'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
  • $57,342,125
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Soledad to buy chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013