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Bacilisa

Update on Bacilisa

Bacilisa, 47, is married and has three children. She was born in the city of Urubamba, Urubamba province, where she still lives. Her main activity is food sales; she has a little store where she sells her products to different people. Bacilisa has been doing this for some years now and she does well thanks to her commitment. She is a member of the communal bank “Reyna de los Ángeles” and this time she is requesting a loan to buy food supplies, such as noodles, milk, oil, rice and sugar.
View original language description ↓
Bacilisa tiene 47 años de edad y es casada de la cual tiene tres hijos, ella nació en la ciudad de Urubamba de la provincia de Urubamba y vive en la misma ciudad donde nació. Su actividad económica principal es la venta de comestibles pues tiene una pequeña tienda donde expende sus productos a diferentes personas. Ya son varios años que se dedica al negocio y le va muy bien gracias al empeño que pone en su trabajo. Ella pertenece al banco comunal “Reyna de los Angeles” y en esta oportunidad requiere el préstamo para comprar comestibles como fideos, leche, aceite, arroz y azúcar.

Previous Loan Details

Bacilisa makes a living with her grocery store business. She sells essential products like rice, sugar, milk, eggs, and cookies. She begins selling at 8:00am until 6:00pm. She also sells pizzas from 5:00am until 10:00pm. By means of these businesses she gets her children ahead. Her dream is to… More from Bacilisa'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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Bacilisa to buy noodles, milk, oil, rice, sugar and other supplies for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013