Update on AnonymousHe is a member of the “TINKA” communal bank, located in the Cusco district, province, and department.
He still has his brosterie business and has had it for several years. Things are going well for him, thanks to the daily effort he puts in. While he runs his business he also works as a manager at a university in Cusco. He is a responsible, dedicated man and gets his family ahead in this way.
He is asking for this loan to buy supplies such as chicken, cooking oil, soft drinks, and other things.
He is grateful for the loan and is committed to making his payments on time.
El socio continua con su negocio de brosteria,el socio lleva años en este su negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,el socio a la vez continua trabajando en el area administrativa en una de las universidades de la ciudad del Cusco,el socio es una persona responsable y empeñosa siendo de esta forma que el socio saca adelante a su familia.
El socio solicita el préstamo para la compra de insumos como pollo,aceite,gaseosas entre otros.
El socio se siente agradecido por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsThe member belongs to the communal bank “Tinka.” The bank is located in the district of Cusco, belonging to the province of Cusco, and the department of Cusco. The member is 62 years old, has a common-in-law wife and 2 children. The member divides his daily activities with his roasting business.… More from Anonymous'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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