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Gregoria

Update on Gregoria

Gregoria is a happy person who lives in the city of Salvación and continues selling different flavored ice cream. She has been dedicated to this business for many years and it's going well thanks to the hard work she exerts in her job. She is thankful to the investors for their support and feels happy since she will continue with the community bank, "Tesoritos del Manu" (Manu's treasure). At this time, she requires a loan to buy ingredients like, for example, fruit, sugar, flavorings and she promises to make her monthly payments.
View original language description ↓
Gregoria es una persona alegre que vive en la ciudad de Salvación y continua con la venta de helados de diferentes sabores. Ya son varios años que se dedica al negocio y ve la muy bien gracias al empeño que pone en su trabajo. Ella agradece a los inversionitas por el apoyo y se siente feliz pues va continuar en el banco comunal “Tesoritos del Manu” y en esta oportunidad requiere el préstamo para comprar insumos como por ejemplo frutas, azúcar, saborizantes y se compromete a cumplir con el pago de sus cuotas mensuales.

Previous Loan Details

Gregoria was born in the city of Puno, but she now lives in the city of Salvación, which is located in the district and province of Manu in the province of Madre de Dios, Peru. Gregoria, 59, is in a common-law marriage from which she has five children. She is a hardworking and enterprising mot... More from Gregoria'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
  • 67
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    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 Gregoria to buy ingredients such as sacks of sugar, flavoring, and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014