Update on GregoriaThis member is Gregoria who continues with her business buying and selling cheese. She has worked in this business for a long time and it goes well thanks to the efforts she puts into her work each day. She still sells her goods in the city of Cusco and in the Mollepata Disctrict. Also, she still works in agriculture and by this she provides for her family.
She is requesting the loan to buy cheese.
She is very thankful for the loan granted and commits to make her payments as scheduled.
La socia es la Sra. Gregoria; la socia continua dedicándose al negocio de compra y venta de queso, la socia lleva buen tiempo dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia continua distribuyendo su mercadería en la ciudad de Cusco y en el distrito de Mollepata, la socia a la vez continua dedicándose a la agricultura, siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de quesos.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsThe member is Gregoria who continues with her business buying and selling cheese. She’s a responsible, hardworking woman. She sells her merchandise in the city of Cusco and in Mollepata District. She also continues to work in agriculture. She wants to be able to continue working this way to c... More from Gregoria'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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