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Guillermo

Update on Guillermo

This member continues to make a living offering a transportation service in the tourism sector. He has been working in this activity for a while, and everything is going well thanks to the determination he brings to his business each day.

He also supports his spouse in her business of buying and selling hens and chickens. He is a responsible person and feels that in being this way, he will be able to move his family ahead.

He is requesting a loan to buy tires for his car.
View original language description ↓
El socio sigue dedicandose a brindar el servicio de transporte en el sector turismo,el socio lleva buen tiempo en esta actividad el cual le va biengracias al empeño que le pone cada dia a su negocio,el socio a la vez apoya a su conyugue en el negocio de compra y venta de gallinas y pollos ,el socio es una persona responable siendo de esta forma que el socio saca adelante a su familia.

El socio solicita el credito para la compra de llantas para su carro.

Previous Loan Details

The member continues offering transportation service in the area of tourism. In addition to this work he helps his spouse with her business buying and selling chickens and hens. Now he wants to invest the loan in buying chickens and hens wholesale for his wife to sell to her customers. He also… More from Guillermo'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
  • 60
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    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 Guillermo to buy tires for his car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Guillermo. It was first posted on Kiva on Dec, 2011. Learn More