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Yanet

Update on Yanet

The member continues to make a living in the cattle industry. She raises cattle and then sells them in various street markets. She always continues to make a living selling milk and cheese. She has made a living in these activities for the past 6 years and it is going well.

Her dream is to extend her cattle and cheese selling businesses. She is requesting a loan in order to buy cattle and cattle feed.

The member is happy about the loan and is committed to paying her loan payments.
View original language description ↓
La socia se sigue dedicando al negocio de ganaderia,la socia los cria a los ganados y luego los vende en las diferentes ferias,la socia tambien se sigue dedicando al negocio de venta de leche y queso,la socia ya tiene 6 años en estos negocios y le va muy bien,el sueño de la socia es ampliar el negocio de ganaderia y venta de queso.La socia solicita el credito para comprar un ganado y alimentos para los ganados.

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

Previous Loan Details

Yanet continues working in animal husbandry; she raises cows to then sell in various street markets occurring on weekends in Anta District. She also sells milk and cheese she gets from the same cows to sell to customers that request it. She’s been in business several years and does well thanks ... More from Yanet'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
  • 114
    View loans »
    Peru Loans Fundraising
  • $56,813,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Yanet to buy cattle and cattle feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Yanet. It was first posted on Kiva on Jul, 2012. Learn More