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Dominga

Update on Dominga

The member belongs to the “Ima Sumac Suncco” communal bank. The bank is located in the province of Cusco and the department of Cusco.

The member is Carlota. She continues with her cattle business. She is a responsible and hardworking person. She raises her cows and then sells them to her customers. She wants to continue working so that she can continue supporting her family.

She is requesting the loan to buy feed for her cows, such as fodder, among other things.

She is happy because of the loan and pledges to complete her repayments.
View original language description ↓
La socia pertenece al banco comunal “IMA SUMAC SUNCCO”; El banco está ubicado en la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Dominga; la socia continua dedicándose a la ganadería, la socia es una persona responsable y empeñosa, la socia cría a sus vacas para luego venderlos a sus clientes, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el préstamo para la compra de alimentos para sus vacas como forraje entre otros.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota

Previous Loan Details

This member belongs to the 'Ima Sumac Suncco' community bank which is located in Cusco province and department. The member is Dominga. She is 27 years old, lives with her partner, and has two children. She divides her time between her daily activities and her cattle business. She has cows w... More from Dominga'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

  • $12,000
    Average annual income
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Dominga to buy feed for her cows, such as fodder, among other things.
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 Dominga. It was first posted on Kiva on Jul, 2012. Learn More