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Silvia

Update on Silvia

Silvia belongs to the “Clorinda Matto de Turner” communal bank. This bank is located in the Calca district, Urubamba province, Cusco department. Silvia continues with her business of selling juices. She prepares different combinations of juices for her customers that request them. She has been in her business for some time, and it is going well for her, thanks to the effort that she puts into her business every day.

She wishes to be able to continue working and, in this way, continue supporting her family. She is requesting the loan to buy fruit like bananas and papayas, among others. Silvia appreciates and values the loan that has been provided. She pledges to make her payments according to the established timeline.
View original language description ↓
La socia Silvia pertenece al banco comunal “Clorinda Matto de Turner” y este banco está situado en el distrito de Calca en la provincia de Urubamba y departamento de Cusco.

La socia Silvia continua con su negocio de venta de jugos, la socia prepara distintas combinaciones de jugos para sus clientes que le solicitan, la socia lleva buen tiempo con su negocio el cual le va bien gr4acias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta forma seguir poyando a su familia.
La socia solicita el crédito para la compra de fruta como platanos, papayas entre otros.

La socia Silvia agradece y valora el préstamo otorgado mediante este medio y del mismo modo se compromete a cumplir con el pago de sus cuotas en el plazo establecido.

Previous Loan Details

Our member, Silvia, belongs to the Clorinda Matto de Turner community bank in Calca, a district in the Peruvian "departamento" of Cusco. She was born in the city of Cusco. Silvia, 40, has 2 children, one of whom lives away and one with her. She operates a business making and selling fruit juic... More from Silvia'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

  • $6,715
    Average annual income
  • 127
    View loans »
    Peru Loans Fundraising
  • $56,843,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Silvia to buy fruit like bananas and papayas, among others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Silvia. It was first posted on Kiva on Jun, 2012. Learn More