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Haydee Teresa

Update on Haydee Teresa

Haydee continues to work with handicrafts, mainly producing silver products such as jewellery and decorations. She is applying for a loan to buy jewellery to increase business. Haydee is very grateful for this help from Kiva and for helping her to strengthen her business. This loan will help her to increase her work. Haydee is part of the "El Templo del Inca" communal bank in the city of Cusco, Peru.
View original language description ↓
Haydee continua con el comercio de artesanías, principalmente con productos de plata como joyería y adornos. Ella está solicitando el préstamo para comprar joyas imcrementar el negocio. Haydee está muy agradecida con la ayuda de KIVA, por ayudarla a fortalecer su actividad económica la cual le permite crecer en su actividad. La socia pertenece al banco comunal “El Templo del Inca”; de la ciudad del Cusco – Perú.

Previous Loan Details

This member is Sra. Haydee. She is 53 years old and single. Haydee sells handicrafts, primarily silver products such as jewelry and ornaments.

She is requesting a loan in order to buy display cases so that she will have a better way of exhibiting her products. Haydee is extremely grate... More from Haydee Teresa'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
  • 53
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Haydee Teresa to buy jewellery and increase business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Haydee Teresa. It was first posted on Kiva on Oct, 2012. Learn More