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Gina Isabel

Update on Gina Isabel

Gina Isabel continues to run her grocery store. She sells basic necessities such as rice, sugar, milk and crackers. She works from 8 a.m. to 10 p.m. She has been running her store for eight years now, and it is going well for her. Her dream is to increase the size of her store.

Gina Isabel is requesting this loan to buy rice, sugar, milk and crackers. She says that she is very grateful for this opportunity with Kiva and the field partner, and that she promises to make her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes,la socia vende productos de primera necesidad como arroz,azucar,leche y galletas,la socia trabaja desde las 8:00 a.m hasta las 10:00 p.m,la socia ya tiene 8 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de tienda de abarrotes.La socia solicita el credito para comprar arroz,azucar,leche y galletas.

La socia se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

Previous Loan Details

Gina continues working in her small grocery store business. She sells rice, sugar, milk, cookies, and oil. She has been in this business for two years already and it's going very well for her. Her dream is to expand her store. She's requesting the loan to buy rice, sugar, milk, and oil. She'... More from Gina Isabel's previous loan »

Additional Information

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Gina Isabel to buy rice, sugar, milk and crackers for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Gina Isabel. It was first posted on Kiva on Jan, 2013. Learn More