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Justina

Update on Justina

Justina belongs to the communal bank "Maquimanta Purisun." This group meets in the Cusco district, which is located in the province and department of Cusco.

Justina is continuing with her business selling dried grains and anticuchos (kebabs). She's had her businesses for some time now, and they are doing well thanks to the daily effort she puts into each of them. Justina sells dried grains in one of the markets in the city of Cusco, and she sells kebabs on the street. In this way, she is able to provide for her family. Justina is requesting a loan to buy supplies for her business selling kebabs, such as cooking oil, coal, meat, and other products.

Justina is grateful to be getting this loan, and she promises to comply with the payment terms.
View original language description ↓
La socia pertenece al banco comunal “MAQUIMANTA PURISUN”; El banco está ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Justina; la socia continua con su negocio de venta de granos secos y venta de anticuchos,la socia lleva buen tiempo con sus negocios los cuales les va bien gracias al empeño que le pone cada dia a cada uno de sus negocios,la socia vende los granos secos en uno de los mercados de la ciudad de Cusco y la venta de anticuchos lo hace de forma ambulatoria siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el préstamo para comprar insumos para su negocio de venta de anticuchos como aceite, carbon, carne entre otros.

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

Previous Loan Details

Justina is a member of the 'Maquimanta Purisun' community bank which is located in Cusco district, in the province and department of the same name. Justina is 55 years old. She is married and has 5 children. She divides her time between her daily activities and her business selling 'anticuch... More from Justina'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
  • $57,998,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Justina to buy supplies for her business selling kebabs, such as cooking oil, coal, meat, and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Justina. It was first posted on Kiva on Dec, 2010. Learn More