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Cirila

Update on Cirila

Cirila continues to work raising animals such as guinea pigs and chickens. She lets with fatten and grow and then sells them in various markets. She has had this business for 8 years and it is going well for her. Her dream is to have her own shop where she can sell her animals. She is asking for this loan so she can buy guinea pigs and chickens.

Cirila is happy to get this loan and promises to make her payments on time.
View original language description ↓
La socia Cirila se sigue dedicando al negocio de crianza de animales como cuyes y gallinas, la socia los hace engordar y crecer y luego los vende en las diferentes ferias, la socia trabaja en este negocio 8 años y le va muy bien, el sueño de la socia es tener un local donde pueda vender los animales. La socia solicita el crédito para comprar cuyes y gallinas.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota

Previous Loan Details

This woman belongs to the community bank “IMA SUMAC SUNCCO.” The bank is located in the province of Cusco and department of Cusco. The member's name is Cirila, and she is 60 years old, married, and has 6 children. She spends her days working in the growth and care of animals like guinea pigs... More from Cirila's previous loan »

Additional Information

More information about this loan


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

  • $6,715
    Average annual income
  • 61
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Cirila buy guinea pigs and chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Cirila. It was first posted on Kiva on Jul, 2012. Learn More