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Update on Saturnina

Saturina continues working in her sewing business. She has a workshop where she makes pants, party dresses, and skirts. She has been in this business for 7 years and things are going very well for her. Her dream is to expand her sewing shop. She is requesting the loan to buy fabrics and threads.

Saturina is very satisfied with and grateful for the support that she will be given through this loan and she pledges to comply with the established repayment plan.
View original language description ↓
La socia se sigue dedicando al negocio de costura,la socia tiene un taller donde confecciona pantalones,vestidos de fiesta y faldas,la socia ya tiene 7 años en este negocio y le va muy bien,el sueño de la socia es ampliar su taller de costura.La socia solicita el credito para comprar telas e hilos.

La socia se muestra muy satisfecha y agradecida por el apoyo que se le brindara mediante este medio y se compromete a cumplir con el pago de sus deudas en el plazo establecido.

Previous Loan Details

The member belongs to the communal bank "Madres Trabajadoras" (Working Mothers). The bank is in the Tica Tica Distrcit of Cusco Province, Cusco Department. The member is Sra. Saturnina. She is 56 years old, is single and has three children who are 26, 24 and 21 years old. She makes her livi... More from Saturnina'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
  • 178
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Saturnina to buy fabrics and threads.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 11, 2013
Mar 1, 2013
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Saturnina. It was first posted on Kiva on Sep, 2011. Learn More