Update on AsuntaAsunta still works in agriculture. She has several fields where she grows corn, potatoes, barley, wheat, and other dry goods. She still sells her products and brings them to the cities of Challabamba and Cusco.
Currently she needs a loan to buy seeds and fertilizer in order to grow crops. She’s happy to get the loan and promises to make prompt payments.
Asunta was born in the city of Calca, but she lives in the town of Jajahuana (which is the in the Challabamba district, in the middle of the Paucartambo province and the department of Cusco, Peru). She’s 56 years old and married with six children. She belongs to the Santa Isabel de Jajahuana Banco Comunal (Santa Isabel de Jajahuana Communal Bank). Her main economic activities are agriculture and raising animals.
En esta oportunidad requiere el préstamo para comprar semillas y fertilizantes para la tierra de cultivo. Ella está feliz por el préstamo y se compromete a pagar sus cuotas puntualmente.
Asunta nació en la ciudad de Calca, pero vive en la comunidad Jajahuana (esta comunidad se encuentra en el distrito de Challabamba, dentro de la provincia de Paucartambo y el departamento de Cusco, Perú). Ella tiene 58 años, es casada y tiene seis hijos. Ella pertenece a Santa Isabel de Jajahuana Banco Comunal y sus principales actividades económicas son la agricultura y la ganadería.
Previous Loan DetailsMrs. Asunta was born in the city of Calca but lives in the Jajahuana community (this community is located in the Challabamba district, within the Paucartambo province and Cusco department, Perú). She is 58 years old, married and has six children. She belongs to Santa Isabel of Jajahuana Communal ... More from Asunta's previous loan »
More information about this loan
Important InformationAbout 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Aug 13, 2013
- Aug 18, 2013
- Currency Exchange Loss:
- Jan 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.