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Julia

Update on Julia

The member, Julia, has a small grocery store. She sells different kinds of products, such as rice, sugar, milk, soft drinks, and cooking oil, among other things. She works from 8:00am until 10:00pm. She has been in this business for a long time. Her dream is to grow her grocery store business.

She is requesting the loan to buy rice, sugar, milk, and soft drinks.

She is happy because of the loan and pledges to complete her repayments.
View original language description ↓
La socia Julia se dedica el negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz, azúcar, leche, gaseosas, aceite entre otros, la socia trabaja desde las 8:00 a.m hasta las 10:00 p.m, la socia ya tiene buen tiempo en ese negocio, el sueño de la socia es ampliar el negocio de tienda de abarrotes. La socia solicita el crédito para comprar arroz, azúcar, leche y gaseosas.

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

Previous Loan Details

The woman is a member of the community bank “IMA SUMAC SUNCCO.” The bank is located in the province and the department of Cusco. Julia is 25 years old, and has a live-in partner and three children. She spends her days minding a small grocery store. She sells different types of products like… More from Julia'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
  • 65
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Julia to buy rice, sugar, milk, and soft drinks.
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 Julia. It was first posted on Kiva on Jul, 2012. Learn More