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Yaneth

Update on Yaneth

Yaneth lives in the province of Urubamba in the department of Cusco. She belongs to the Señor de Huanca Communal Bank. She still has her business raising small animals and selling groceries. She has had her businesses for a while and they are doing well because of the effort she puts into them every day, which is how she is getting her family ahead.

Yaneth is asking for a loan to buy oils and bags of rice for her business selling groceries.

She is thankful to those who are a part of this dream and she promises to make her payments on time.
View original language description ↓
La socia Yaneth vive en la provincia de Urubamba departamento del Cusco,la socia pertenece al banco comunal SEÑOR DE HUANCA,la socia continua dedicandose al negocio de crianza de animales menores y comestibles,la socia lleva buen tiempo con sus negocios los cuales le va bien gracias al empeño que le pone cada dia a sus negocio siendo de esta forma que la socia saca adelante a su familia.

La socia Yaneth solicita el credito para la compra de aceites y sacos de arroz para su negocio de venta de comestibles.

La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

Yaneth lives in the province of Ururbamba, in the department of Cusco. She is 34 years old. She lives with her partner, and she has a son (Joel Antony, who is one year old). She belongs to Asociación Arariwa’s “Señor de Huanca” communal bank. Her main economic activity is raising small animals an... More from Yaneth'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

  • $12,000
    Average annual income
  • 131
    View loans »
    Peru Loans Fundraising
  • $57,388,050
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Yaneth to buy oils and bags of rice for her grocery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Yaneth. It was first posted on Kiva on Dec, 2012. Learn More