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Gregoria

Update on Gregoria

Gregoria continues with her business of selling juices. She has been working for years in this business, which is going well for her thanks to the determination that she puts into it every day. She makes different types of juices such as orange, banana with milk, etc. She sells them in one of the city markets of Cusco, and in this way, she gets ahead.

She is requesting this loan to buy fruit such as bananas, oranges, and papayas, among others.

She is grateful for the loan and she is committed to fulfill her installment payments.
View original language description ↓
La socia continua con su negocio de venta de jugos,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 elabora diferentes tipos de jugos como naranja, platano con leche ,entre otros,la socia vende en uno de los mercados de la ciudad del Cusco,siendo de esta forma que la socia sale adelante.

La socia solicita el credito para la compra de fruta como platanos,naranjas,papayas entre otros.

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

Previous Loan Details

She continues with her business selling juice in a market stand. She prepares orange, papaya and strawberry juice from 8am until 6pm. She’s been in business 8 years and supports her children by means of this business. Her dream is to have a locale where she can sell her juice. She’s asking fo... More from Gregoria'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
  • 105
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Gregoria to buy fruit such as bananas, oranges, and papayas, among others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013