Update on HumbertoHumberto is grateful to investors for the loan, and he is happy for the support. He is 26 years old and is in a common-law marriage, from which he has two children. He is a hardworking person who moves his family forward.
Humberto continues to make his living in agriculture. He has various plots where he plants potatoes, corn, broad beans and barley. He also continues to raise small animals.
Humberto continues to belong to the "Miraflores" community bank. This time, he needs the loan to buy seeds and manure.
Humberto was born in the community of Callacancha, and lives in the same community where he was born. (The community of Callacancha is located in the district of Paucartambo in the Paucartambo province within the department of Cusco, Peru.)
Humberto continúa dedicándose con la agricultura pues tiene varios terrenos de cultivos donde siembra papa, maíz, habas y cebada, él continua dedicándose a la crianza de animales menores. Humberto sigue perteneciendo al banco comunal “Miraflores” y en esta oportunidad requiere el préstamo para comprar semillas y abono.
Humberto nació en la comunidad de Callacancha y vive en la misma comunidad donde nació. (La comunidad de Callacancha está ubicada en el distrito del Paucartambo en la provincia de Paucartambo dentro del departamento de Cusco, Perú).
Previous Loan DetailsHumberto’s 26-year-old and is in a common law relationship; he has two children. He’s a hardworking person who supports his family. His main economic activity is agriculture. He has several parcels of land where he grows potatoes, corn, lima beans and barley. He also raises small farm animals.… More from Humberto's previous loan »
More information about this loan
Important InformationAbout 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Nov 21, 2013
- Dec 9, 2013
- Currency Exchange Loss:
- Jun 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.