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Nazario

Update on Nazario

Nazario continues to work providing taxi services on various streets, as well as buying and selling wood. He has had these small businesses for several years. His dream is to have a new car. He is applying for this loan to buy tires.

He feels grateful for this loan and he is committed to paying the established installments.
View original language description ↓
El socio se sigue dedicando al negocio de tranporte,el socio realiza servicio de taxi en las diferentes calles ,el tambien se dedica al ngeocio de compra y venta de madera,el socio tiene varios años en sus pequeños negocios,el sueño del socio es tener un carro nuevo.El socio solicita el credito para comprar llantas.

El socio se siente agradecido por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Nazario continues to work providing taxi services, while he also continues to work buying and selling timber. He is a responsible and earnest person, and being such, he gets his family ahead. He is seeking a loan to maintain his car and for some personal expenses. He is grateful for the loan and… More from Nazario'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.

Tags

About Peru

  • $6,715
    Average annual income
  • 65
    View loans »
    Peru Loans Fundraising
  • $53,992,750
    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 Nazario to buy tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Nazario. It was first posted on Kiva on Dec, 2012. Learn More