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Update on Elizabeth

This member keeps working in her business selling clothes such as pants, shirts and sweaters. She also keeps working in her business providing calling services. She has had this business for 5 years and it is going very well for her. Her dream is to have a locale where she can sell clothes. She is asking for the loan to buy shirts, sweaters and pants.

She is happy with the loan and committed to making her payments on time. She is grateful for the help.
View original language description ↓
La socia Se sigue dedicando al negocio de venta de ropa como pantalones,polos y chompas,la socia tambien se sigue dedicando al negocio de realizar servicios de llamadas,la socia se dedica a este negocio 5 años y le va muy bien,el sueño de la socia es tener un local donde pueda vender la ropa.La socia solicita el credito para comprar polos,chompas y pantalones.

La socia se encuentra contenta por el préstamo pues se compromete a pagar sus cuotas puntualmente y agradece por la ayuda brindada.

Previous Loan Details

The Amistad Cusqueña communal bank meets every 30 days in the city of Cusco. (Cusco is a place that is known for being a tourist and commercial area. It is known for its traditional Inti Raymi celebration and for Machupicchu, one of the Seven Wonders of the World.) Elizabeth was born in the ... More from Elizabeth'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
  • 126
    View loans »
    Peru Loans Fundraising
  • $60,116,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elizabeth to buy shirts, sweaters and pants.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 15, 2013
Jun 19, 2013
Currency Exchange Loss:
Oct 17, 2013