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Victoria

Update on Victoria

Victoria is grateful to all of the lenders who supported her with her previous loan. She is very happy. She still lives in the village of Mika and works in agriculture, livestock, artisan crafts, selling vegetables and raising small animals such as chickens, guinea pigs, and pigs. She is still a member of the communal bank in the Arariwa Association. On this occasion she is applying for a loan to buy manure, seeds, and fertilizer.
View original language description ↓
Victoria agradece a todos los inversionistas que le apoyaron con el crédito anterior y se siente muy contenta, ella sigue viviendo en la comunidad de Mika y sigue dedicándose a la agricultura, a la ganadería, a la artesanía, a la venta de verduras y a la crianza de animales menores (Gallinas, Cuyes y Chanchos) por lo tanto ella continua participando en el banco comunal de la Asociación Arariwa y en esta oportunidad requiere el préstamo para comprar abono, semillas y fertilizantes.

Previous Loan Details

Victoria was born in the community of Buena Vista but now lives in Mika. (Mika is in the Colquepata district, which is in the province of Paucartambo, in the department of Cusco, Peru). Victoria is 41 years old, married and has six children. Victoria is an enterprising and hardworking woman ... More from Victoria'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
  • 99
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Victoria to buy manure, seeds and fertilizer.
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 Victoria. It was first posted on Kiva on Apr, 2013. Learn More