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Karina

Update on Karina

Karina is 27 years old, in a common-law marriage, and has one daughter, Ruth, four years of age.

Karina belongs to Santa Isabel de Jajahuana Communal Bank. She makes and sells fried potatoes with either hot dogs or chicken, a very successful business she has had for one year. She usually buys all of her ingredients (potatoes, hot dogs, chickens, rice, oil) wholesale and is requesting this loan to buy more such ingredients wholesale.

Karina is happy about the loan and pledges to make her payments punctually.

Karina was born in the district of Challambamba but lives in the community of Jajahuana, located in the Challabamba district, within the Paucartambo province and Cusco department, Perú.

Previous Loan Details

Karina was born in the district of Challambamba but lives in the community of Jajahuana, located in the Challabamba district, within the Paucartambo province and Cusco department, Perú. She is 27 years old, in a common-law marriage, and has one daughter, Ruth, four years of age.

Karina bel... More from Karina'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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,878,425
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Karina to buy ingredients wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Karina. It was first posted on Kiva on Apr, 2013. Learn More