Update on AntolinAntolin continues to live in the the city of Huarancarani and continues with his small sewing shop, which he has in his home (in Huancarani, Paucartambo, Cusco). This is where Antolin makes clothing and also does mending and repairs, such as alterations of length or waist, as well as changing zippers.
On this occasion, Antolin needs a loan to buy more work materials, for example zippers, thread and needles.
Antolin continues with the community bank "Mamacha Rosario" of Asociación Arariwa. He is very grateful for the opportunity provided him through these means and he is committed to completing his payments on schedule.
Antolin continúa viviendo en la ciudad de Huancarani y continua con la tienda de costura ósea tiene un pequeño taller en su domicilio. (Huancarani, Paucartambo, Cusco) donde confecciona ropa y también hace compostura como por ejemplo subida de basta, entallado y cambio de sierre.
En esta oportunidad Antolin requiere el préstamo para comprar más materiales de trabajo como por ejemplo cierres, hilos y agujas.
Antolin continúa en el banco comunal “Mamacha Rosario” de la Asociación Arariwa y se encuentra agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.
Previous Loan DetailsAntolin was born in the Mosoc Llacta district of Acomayo province in Cusco department. He is 43 years old and a tailor who studied fashion in the city of Lima. Now he has a small shop in his home (in Huancarani, Paucartambo, Cusco) where Antolin makes clothing and also, does mending and repairs,… More from Antolin's previous loan »
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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