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Lucila

Update on Lucila

Lucila continues making a living buying and selling vegetables. She sells tomatoes, pumpkins, carrots, and other vegetables. She sells them in different markets, working from 8:00 a.m. to 4:00 p.m. She has already been in this business for four years and it is going very well for her.

Her dream is to have a property where she can sell vegetables. She is requesting the loan in order to buy onions, carrots, and tomatoes. She feels thankful for the loan granted and is committed to making the established payments.
View original language description ↓
La socia se sigue dedicando al negocio de compra y venta de verduras,la socia vende tomates,zapallos,zanahorias entre otras verduras,la socia vende en los diferentes mercados,la socia trabaja desde las 8:00 a.m hasta las 4:00 p.m,la socia ya tiene 4 años en este negocio y le va muy bien,el sueño de la socia es tener un local donde pueda vender las verduras.La socia solicita el credito para compara cebollas,zanahorias y tomates.


La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

The borrower Lucila continues with her business of buying and selling vegetables. She has had this business for some time and it is going well for her thanks to her determination in working in her business each day. She is a responsible and determined person with a strong desire to continue working… More from Lucila'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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,992,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lucila to buy onions, carrots and tomatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Lucila. It was first posted on Kiva on Aug, 2012. Learn More