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Update on Lucila

Lucila belongs to the communal bank, "Santo Domingo." She is continuing with her business of selling parts for cars like windshields, tires, etc. She is a responsible and perservering person, and being this way is how she takes good care of her family. She has had this business for years, and it is going well thanks to the effort that she puts into it every day. She is requesting te loan to buy windshields for her business. She is thankful for the loan and promises to make her payments on time.
View original language description ↓
La socia Lucila pertenece al banco comunal “Santo Domingo”,la socia continua con su negocio de venta de auto partes de automoviles como parabrisas,llantas entre otros,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio.

La socia solicita el credito para la compra de parabrisas para su negocio.

La socia Lucila se siente agradecida por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Lucila is a native of the city of Cusco and she still lives in the same city where she was born. She is 40 years old and married, with two children from this relationship. Lucila belongs to the "Santo Domingo" communal bank of Asociación Arariwa. She dedicates herself to selling automobile par... More from Lucila'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
  • 64
    View loans »
    Peru Loans Fundraising
  • $54,555,200
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lucila to buy windshields for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 28, 2012
Jan 1, 2013
Currency Exchange Loss:
Apr 17, 2013
This photo was used before for a previous loan for Lucila. It was first posted on Kiva on Sep, 2012. Learn More