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Update on Georgina

Georgina continues with her business of making snacks. She has been in this business for years. It is going very well for her thanks to the determination she puts into the business every day. She makes these snacks upon requests for different occasions like weddings, baptisms, 15th birthday celebrations, and others. This is the way she gets her family ahead.

She is requesting the loan to buy supplies like flour, butter, and sugar, among others.

She is grateful for the loan that was granted, and she pledges to make her scheduled payments.
View original language description ↓
La señora Georgina,sigue con su negocio de preparacion de bocaditos,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 prepara estos bocaditos para los distintos compromisos que le solicitan como matrimonios,bautizos,fiesta de 15 años entre otros,siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de insumos como harina,mantequilla,azucar entre otros.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Señora Georgina, age 48, is still running her business making sweet and salted snacks. She makes all kinds of snacks suck as small alfajores [a type of cookie sandwich made with dulce de leche], cachitos [croissants] filled with dulce de leche, piononitos [cake rolls], and salted snacks such as s... More from Georgina'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
  • 126
    View loans »
    Peru Loans Fundraising
  • $60,116,750
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Georgina to buy supplies like flour, butter, and sugar, among others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Feb 1, 2013
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Georgina. It was first posted on Kiva on Dec, 2011. Learn More