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Update on Herminia

Herminia thanks the lenders for the funding and is pleased with the support. She is still running her hardware store, where she sells a variety of merchandise like corrugated iron, nails, screws, wire, and paint. She now needs a loan to buy merchandise such as paint, nails, screws, locks, and silicone. She is thankful for and appreciates the loan and promises to make her monthly payments on time.

Herminia was born in the city of Puno but now lives in Paucartambo. She is 45 years old and has a partner, with whom she has three children. Herminia is a hard-working and enterprising mother, who, through her work, is supporting her family. She is a member of the “Virgen del Rosario” communal bank.
View original language description ↓
Herminia agradece a los inversionistas por el préstamo y se siente contenta por el apoyo brindado, ella continua con la venta de ferretería donde vende diferentes productos como por ejemplo calaminas, clavos, alambres, pinturas y otras cosas más. En esta oportunidad requiere el préstamo para comprar mercadería como por ejemplo pinturas, clavos, tornillos, cerraduras, siliconas y otras, ella agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales con mucha responsabilidad.

Herminia nació en la ciudad de Puno pero vive en la ciudad de Paucartambo, ella tiene 45 años y tiene una relación de unión libre de la cual tiene tres hijos, ella es una madre trabajadora y emprendedora que saca adelante a su familia con el esfuerzo de su trabajo, ella pertenece al banco comunal “Virgen del Rosario”.

Previous Loan Details

Herminia was born in the city of Puno but now lives in Paucartambo. She is 45 years old and has a partner, with whom she has three children. Herminia is a hard-working and enterprising mother and, through her work, she is helping her family get ahead. Herminia has a hardware store where she se... More from Herminia'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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Herminia to buy merchandise such as paint, nails, screws, locks, silicone and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Dec 12, 2013
Currency Exchange Loss:
Apr 16, 2014
This photo was used before for a previous loan for Herminia. It was first posted on Kiva on Aug, 2013. Learn More