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Lucia

Update on Lucia

Lucia continues growing and harvesting vegetables that she sells in various markets. She sells carrots, tomatoes and squash, among others. She works from 7am until 5pm and has been in this business several years. Her dream is to have a locale in which to sell the vegetables. She’s requesting the loan to buy seeds. She’s happy with the loan and commits to make her payments.
View original language description ↓
La socia Lucia se sigue dedicando al negocio de siembra y cosecha de verduras,la socia vende las verduras en los diferentes mercadosla socia vende zanahorias,tomates,zapallos entre otras verduras,la socia trabaja desde las 7:00 a.m hasta las 5:00 p.m,la socia ya tiene varios años en este negocio,el sueño de la socia es tener un local donde pueda vender las verduras.La socia solicita el credito para comprar semillas.

La socia esta feliz ocn el credito y se compromete a cumplir los pagos de su cuota.

Previous Loan Details

Lucia was born in the city of Huayocari and lives in the same city where she was born. (The district of Huayocari is part of the province of Calca in the department of Cusco). She is 62 years old and is married, and as a result of this beautiful relationship has 7 children. She in in agriculture ... More from Lucia'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
  • 50
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Lucia to buy seed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Lucia. It was first posted on Kiva on Oct, 2012. Learn More