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Judith

Update on Judith

Judith belongs to the "Reyna de los Angeles" (Queen of Angels) communal bank and her principal economic acivity is raising small animals such as guinea pigs and hens.

On this occasion, she needs the loan to buy more guinea pigs and hens.

She is grateful for the offered opportunity and she promises to comply with payment of her different quotas at their scheduled times.
View original language description ↓
Judith pertenece al banco comunal “Reyna de los Angeles” y su actividad económica principal es la crianza de animales menores como cuyes y gallinas. En esta oportunidad requiere el préstamo para compra cuyes y gallinas. Agradece la oportunidad brindada y se compromete a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Previous Loan Details

The borrower is Judith. She belongs to the communal bank “Reyna de los Angeles” (Queen of Angels) from the province of Urubamba in Cusco, Perú. The borrower continues raising small animals like guinea pigs and chickens, an activity that she has been doing for a long time and with which she can mo... More from Judith'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
  • 94
    View loans »
    Peru Loans Fundraising
  • $55,034,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Judith to buy chickens and guinea pigs and to be able to save.
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
This photo was used before for a previous loan for Judith. It was first posted on Kiva on Jul, 2012. Learn More