Update on Juana VilmaJuana Vilma continues to make a living selling meals, having had this business for some years. The work is going well thanks to her determination every day. Juana makes different dishes such as chicken stews, stir fries, soups and more. She hopes to be able to continue working so as to keep supporting her family.
Juana is applying for a loan in order to buy supplies such as oil, meat, rice and more.
Juana is happy with the loan and promises to make her repayments.
La socia solicita el credito para la compra de insumos como aceite,carne,arroz enter otros.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
Previous Loan DetailsVilma keeps on engaging in her meals selling activity. She sells breakfast, lunch and dinner meals, and she also cooks dishes such as chicken stew, baked chicken, strip steak (fried meat with french fries) and more. Thanks to this activity she is able to provide for her children. Her dream is to ... More from Juana Vilma'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
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.
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Success!! The loan was 100% repaid