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Manuela

Update on Manuela

This member's name is Manuela. She belongs to the “Las Triunfadoras” bank from the district of Andahuaylillas, province of Quispicanchis of Cuzco – Peru.

She works raising small animals such as guinea pigs, chicken and pigs. She raises these animals to later sell them to the customers who order them. She has been doing this business for a long time and it is going well for her thanks to the hard work she puts into it every day. She wants to keep working so she can support her family. She is asking for the loan to buy guinea pigs for her business.

Manuela is very grateful to KIVA for allowing her to strengthen her business, which allows her to support her home.
View original language description ↓
La socia es la señora Manuela, ella pertenece al banco “Las Triunfadoras” del distrito de
Andahuaylillas, de la provincia de Quispicanchis del Cusco – Perú.

La socia se dedica a la crianza de animales menores como cuyes, gallinas y cerdos,la socia cria a estos animalitos para luego venderlos a sus clientes que le solicitan, la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño quie le pone cada dia a su negocio,la socia desea pode seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el credito para la compra de cuyes para su negocio.

La socia Manuela está muy agradecida con KIVA por permitirle fortalecer su comercio el cual le permite llevar el sustento a su hogar.

Previous Loan Details

Manuela is a member of the communal bank Las Triunfadoras in the district of Andahuaylillas, province of Quispicanchis of Cusco, Peru. She is a hardworking mother of a family. She continues working breeding small animals such as guinea pigs, chickens and pigs which she grows and fattens and l... More from Manuela'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
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Manuela to buy guinea pigs for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013