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Simeona

Update on Simeona

Simeona belongs to the communal bank “Mi Perú”. She continues in her business of selling dried grains. She is a responsible and determined person, feeling that in being this way, she can move her family forward. She has been working in this field for years, and her business is going well thanks to the determination she brings to her business each day.

She is requesting a loan to buy quinoa, dried white potatoes, corn, and beans, among others.

She feels grateful for this opportunity being given to her in this manner. She promises to complete her payments on schedule.
View original language description ↓
La socia Simeona pertenece al banco comunal “Mi Perú”,la socia continua con su negocio de venta de granos secos,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 quinua, moraya, maiz, habas entre otros.


La socia se siente agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

Previous Loan Details

Simeona is 52 years old and married. Her common-law relationship resulted in three children. Simeona is a member of the Communal Bank “Mi Perú”, which is part of Asociación Arariwa. She is originally from the city of San Salvador and currently lives in the city of Cusco. Simeona is a responsi... More from Simeona'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
  • 98
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Simeona to buy quinoa, dried white potatoes, corn, and beans, among others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Simeona. It was first posted on Kiva on Aug, 2012. Learn More