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Update on Cirilo

The borrower continues to work raising animals such as pigs. He has spent years working in this business, and it is going very well thanks to the effort he puts in every day. The borrower makes sales by travelling to different markets. He wants to continue working so that he can continue supporting his family.

The borrower is asking for this loan to buy pigs for his business.

The borrower is happy to get this loan and is committed to making his payments on time.
View original language description ↓
El socio continua dedicándose a la crianza de animales como chanchos, el socio lleva años dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, él socio lo vende de forma ambulatoria en las diferentes ferias, él socio desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
El socio solicita el crédito para comprar chanchos para su negocio.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuotas.

Previous Loan Details

The member continues with his business of raising pigs and selling them as a merchant in the markets. He works from 8 am until 6 pm. He has had this business for 8 years and in his free time he likes to take walks. His dream is to have a place to raise the pigs and he is requesting a loan to b... More from Cirilo'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
  • 178
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cirilo to buy pigs for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 20, 2013
Aug 16, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Cirilo. It was first posted on Kiva on Aug, 2012. Learn More