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Update on Juana

Juana continues with the bread baking business and it's going excellent. She has implemented her business, but the location is rented. She's been running her business for a year already and it's been excellent. She is grateful to all of the investors who supported her previous loan, as it helped her business capital. At this time, she's requesting a loan to buy supplies, like flour, sugar, lard and butter.
View original language description ↓
Juana continua con la elaboración de pan y le va excelente, ella tiene implementado el negocio pero el local es alquilado. Ya es un año que se dedica a este negocio y le va excelente, ella agradece infinitamente a todos los inversionistas que le apoyaron con el préstamo anterior pues le ayudo con el capital del negocio entonces en esta oportunidad requiere el préstamo para comprar insumos como por ejemplo harina, azúcar, manteca y mantequilla.

Previous Loan Details

Juana was born in the city of Challabamba, and she still lives in the same city where she was born. The district of Challabamba is located in the province of Paucartambo, in the department of Cusco, Peru. She is 36 years old and is both mother and father to her six children. She belongs to the "V... More from Juana'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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Juana to buy ingredients such as flour, sugar, lard, and butter.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 13, 2013
Aug 15, 2013
Currency Exchange Loss:
Apr 16, 2014
This photo was used before for a previous loan for Juana. It was first posted on Kiva on Apr, 2013. Learn More