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Primitiva

Update on Primitiva

Primitiva continues participating in the “Virgen de Chanca” communal bank; her business is selling groceries. She continues with her home-based grocery store where she sells her goods.

Primitiva is infinitely grateful to all the lenders that supported her in her previous loan because she did very well and was able to buy the merchandise she needed then. On this occasion she needs the loan to buy more merchandise like sacks of rice, sacks of sugar, noodles, oil and other things.

Primitiva was born in Challabamba District and still lives in the same district of her birth. (Challabamba District is located in Paucartambo Province in Cusco Department, Perú). Primitiva is 40-years-old, married and has had three children.
View original language description ↓
Primitiva continua participando en el banco comunal “Virgen de Chanca” y con el negocio de venta de comestibles, ella continua con la tienda de abarrotes en su domicilio donde expende sus productos.

Primitiva agradece infinitamente a todos los inversionistas que le apoyaron con el anterior préstamo pues le fue muy bien y pudo comprar mercadería que necesitaba entonces en esta oportunidad requiere el préstamo para comprar más mercadería como sacos de arroz, sacos de azúcar, fideos, aceite y otras cosas más.

Primitiva nació en el distrito de Challabamba y vive en el mismo distrito donde nació. (El distrito de Challabamba está ubicado en la provincia de Paucartambo del departamento del Cusco, Perú). Primitiva tiene 40 años de edad y es casada y fruto de esta relación tiene tres hijos.

Previous Loan Details

Primitiva was born in the District of Challambamba and still lives there. The District of Challambamba is located in Paucartambo Province in the Department of Cusco, Peru. Primitiva is 40 years old, married, and has three children. She is a member of the Communal Bank “Virgen de Chanca”. Known… More from Primitiva'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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,963,900
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Primitiva to buy sacks of rice, sacks of sugar, noodles, oil, and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014