Update on WashingtonWashington continues on with Asosiación Arariwa's "Ricchariy Puririsun" communal bank. He lives in the city of Oropesa in the Cusco Province. He is 24 years old and has one son. Washington continues to bake and sell "chutas" which are traditional bread rolls typical of Oropesa and Cusco. On this occasion, Washington needs the loan to buy supplies such as sacks of flour, sacks of sugar, and yeast.
Previous Loan DetailsWashington belongs to Asociación Arariwa’s “Ricchariy Puririsun” communal bank. He lives in the city of Oropesa in Cusco Province. He’s 23-years-old and has a son. Washington makes and sells “Chutas” [traditional large bread rolls typical of Oropesa and Cusco]. On this occasion, he needs th... More from Washington'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
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Feb 7, 2013
- Apr 1, 2013
- Currency Exchange Loss:
- Sep 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.