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Anonymous

Update on Anonymous

This member continues working in her restaurant business. She prepares breakfast, lunch, and dinner. She makes soups, chicken stew, and baked chicken, among other dishes. She has been in this business for seven years and everything is going well. Her dream is to grow her restaurant business.

She is requesting a loan to buy cooking ingredients, like chicken, meat, and vegetables.

She is happy for the loan and promises to pay the established installments.
View original language description ↓
La socia se sigue dedicando al negocio de restaurant,la socia prepara desayunos,almuerzos y cenas,al socia prepara sopas,estofado de pollo,pollo al horno entre otros platos,la socia ya tiene 7 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de restaurant.La socia solicita le credito para comprar productos para cocinar como pollo,carne y verduras.

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

Previous Loan Details

This member is part of the Communal Bank “Liderando Las Palmeras” which is located in the District, Province, and Department of Cusco. She is 35 years old, in a common law marriage, and has two children. The member divides her time between her daily activities and the management of her resta... More from Anonymous'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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped this borrower to buy cooking ingredients, like chicken, meat, and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on Jun, 2011. Learn More