Update on Ana IsabelAna continues to make her living running her poultry restaurant, as she has done for the last few years. It has allowed her to get her three children ahead.
Ana is requesting the loan to purchase supplies such as chickens, vegetables and potatoes for use in her poultry restaurant. Ana is very grateful for the lenders' help. They have helped her to strengthen her business, which will allow her to offer her children a better education. Ana belongs to the communal bank “El Templo del Inca” (The Incan Temple) in Cusco, Perú.
Ana está solicitando el préstamo para comprar insumos como pollos, verduras y papas para la producción de su pollería. Ana está muy agradecida con la ayuda de los inversionistas, por ayudarla a fortalecer su actividad económica la cual le permitirá ofrecer una mejor educación a sus hijos. La socia pertenece al banco comunal “El Templo del Inca”; de la ciudad del Cusco – Perú.
Previous Loan DetailsAna is 33 years old, she is single and she has 3 children who go to school. She runs a restaurant with a poultry shop, and activity she has been engaging in for a few years and thanks to which she has succeeded in providing for her 3 children. Ana is requesting a loan to buy ingredients such as… More from Ana Isabel's previous 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
- 8 months (Additional Information)
- Repayment Schedule
- Sep 16, 2013
- Oct 14, 2013
- Currency Exchange Loss:
- Apr 16, 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.