Update on GregoriaShe is a member of the “Los Angeles” communal bank, located in the district, province, and department of Cusco.
Gregoria continues with her potato selling business and has been doing this for several years. Things have been going well for her, thanks to the daily effort she puts into her business. She sells in the Cusco markets and is a very responsible and dedicated woman who gets her family ahead in this manner.
She is asking for this loan to buy potatoes for her business.
She is happy about this loan and is committed to making her payments on time.
La socia es la Sra. Gregoria; La socia continua con su negocio de venta de papa,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 vende en uno de los mercados de la ciudad de Cusco,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para al compra de papa para a su negocio.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsThis member belongs to the communal bank "LOS ANGELES", which is located in the district, province and department of Cusco. Mrs. Gregoria, age 28, is married and has two children. She alternates her daily activities with the business of selling potatoes. She sell them in the San Sebastian ma... More from Gregoria's previous loan »
Important InformationAbout 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.
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