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Teodora

Update on Teodora

Teodora is continuing with agriculture, the preparation of chicha de jora [a corn-based beverage], and raising small animals, as well as sometimes helping other people on their farms. At this time, Teodora needs the loan to buy feed for her animals, such as grass. Teodora is a member of the group “Los Girasoles de Rumichaca Baja” ["The Sunflowers of Rumichaca Baja"] made up of 19 members who live in the village of Rumichaca Baja, which is also where they carry out their economic activities.
View original language description ↓
Teodora continua con la agricultura, a la preparación de chicha de jora, a la crianza de animales menores y en otras oportunidades ayuda a otras personas en sus chacras. En esta oportunidad Teodora requiere el préstamo para comprar alimento para los animales como pasto. Teodora es integrante del grupo “Los Girasoles de Rumichaca Baja” lo conforman 19 socios que viven en el poblado de Rumichaca Baja y donde realizan sus actividades económicas.

Previous Loan Details

This member continues working in her agricultural business and selling 'chicha' which is a corn-based drink. In addition, she also continues working in her business raising animals such as guinea pigs, pigs and chickens, and has a plot of farmland where she grows corn. Through these businesses,… More from Teodora'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
  • 76
    View loans »
    Peru Loans Fundraising
  • $53,936,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Teodora to buy feed, such as grass, for her animals.
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