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Update on Fortunata

Fortunata thanks the investors who read her story. She is happy for the help provided and wants to continue participating in this project. She continues with the sale of vegetables, groceries, and meat. She has already invested several years in this business and is doing very well thanks to the effort she puts into her work.

Fortunata continues to be an enterprising and hard-working woman that provides for her family; for this reason she belongs to the "Paititi" community bank. For this opportunity, she needs the loan to purchase vegetables and meat. She promises to complete the payment of her monthly quotas.
View original language description ↓
Fortunata agradece a los inversionistas que leyeron su historia y que les haya gusto mucho pues se siente contenta por el apoyo brindado y desea continuar participando en el proyecto, ella continua con la venta de verduras, comestibles y carnes. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo, ella sigue siendo una mujer emprendedora y trabajadora que saca adelante a su familia pues ella pertenece al banco comunal “Paititi”, ella en esta oportunidad requiere el préstamo para comprar verduras, carnes y se compromete a cumplir con el pago de sus cuotas mensuales.

Previous Loan Details

Fortunata was born in the city of Pilcopata and still lives there. The city of Pilcopata is located in the District of Kosñipata, which is in Paucartambo Province in the Department of Cusco, Peru. Fortunata is 35 years old, in a common-law relationship, and has five children. Her main busine... More from Fortunata'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

  • $12,000
    Average annual income
  • 175
    View loans »
    Peru Loans Fundraising
  • $60,197,200
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Fortunata to buy vegetables and meats.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 28, 2013
Nov 24, 2013
Currency Exchange Loss:
May 17, 2014
This photo was used before for a previous loan for Fortunata. It was first posted on Kiva on May, 2013. Learn More