Update on Josefina AbigailThe member belongs to the “COMUZONE I” communal bank which is located in the district of Cusco, which belongs to the province of Cusco and the department of Cusco. The member in question is Josefina Abigail who makes her living selling natural products, selling her merchandise in a location found in the city center. Josefina Abigail works from 8:00am to 6:00pm, she feels content with her business as it through this means that she gets her family ahead in life. Josefina Abigail is seeking the loan to buy natural products. She is happy about the loan and promises to meet the repayments.
La socia es la Sra. Josefina Abigail;la socia sigue dedicandose al negocio de venta de productos naturales,la socia vende su mercaderia en un local ubicado por el centro de la ciudad,la socia trabaja desde las 08:00am hasta las 06:00pm ,la socia se siente bien con su negocio ya que mediante este la socia saca adelante a su famila.
La socia solicita el credito para la compra de productos naturales.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsThe member belongs to the communal bank "Comuzone I". The bank is located in the district of Cusco, pertaining to the province of Cusco and the department of Cusco. The member is named Josefina Abigail. She continues working in the business of natural product sales. She has been in this bus... More from Josefina Abigail'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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