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Gregoria

Update on Gregoria

This member is continuing with her business selling juices. She sells papaya, orange, banana and other juices. She makes her sales in the local market. The member works from 8:00a.m. until 6:00p.m. She has had her business for seven years, and it has been going very well for her. The member's dream is to expand her juice business. She is requesting the loan to purchase fruits for her juices, like apples, oranges, bananas and grapes.

The member is happy about the loan and promises to comply with her repayment plan.
View original language description ↓
La socia se sigue dedicando al negocio de venta d ejugos,la socia vende jugos de papaya,naranja,paltano entre otras frutas,la socia vende sus jugos en el mercado,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la ya tiene 7 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de venta de jugos.La socia solicita el credito para comprar frutas para los jugos como manzanas,naranjas,platanos y uvas.

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

Previous Loan Details

She continues with her business selling juice in a market stand. She prepares orange, papaya and strawberry juice from 8am until 6pm. She’s been in business 8 years and supports her children by means of this business. Her dream is to have a locale where she can sell her juice. She’s asking for… More from Gregoria'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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,968,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Gregoria with the purchase of fruit for her juices, like apples, oranges, bananas and grapes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013