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Celia

Update on Celia

She continues working selling variety merchandise like stuffed toys and decorations, among others. She’s been in this business for years and does well thanks to the effort she puts into it every day. She continues also raising small animals like guinea pigs; she raises these little animals to subsequently sell them to customers that request them and this is the way she supports her family. She requests the loan to buy guinea pigs for her business. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia continua dedicandose al negocio de venta de bazar como peluches,adornos entre otros,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 a la vez continua dedicandose a la crianza de animales menores como cuyes ,la socia cria a estos animalitos para luego venderlos a sus clientes que le solicitan,siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de cuyes para su negocio.

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

Previous Loan Details

The member continues working at her shop, selling stuffed animals and decorations, among other gifts. She also works raising guinea pigs. She has worked for 7 years in her shop, and for 5 years raising guinea pigs. Through these businesses she hopes to raise her children. Her dream is to expan... More from Celia'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
  • 111
    View loans »
    Peru Loans Fundraising
  • $56,813,675
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Celia to buy guinea pigs.
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