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Carolina Enriqueta

Update on Carolina Enriqueta

The member continues with her grocery store business. She sells staple items such as rice, sugar, milk, and cookies. She has been in this business for years and it's going well for her thanks to the effort she puts into it every day. She wants to be able to keep on working so she can continue helping her family.

She's requesting the loan to buy milk, sweets, rice, and other products.

She's grateful for the loan granted and promises to make her payments.
View original language description ↓
La socia continua con su negocio de tienda de abarrotes, la socia vende productos de primera necesidad como arroz, azucar, leche y galletas, la socia lleva años de dedicándose a este negocio el cual le v a bien gracias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para comprar leche, golosinas, arroz entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

She continues in the grocery business. She sells basic staples like rice, sugar, milk and cookies. She works from 8am until 10pm. She’s been in this business for 8 years now and does very well. Her dream is to expand the grocery store business. She’s requesting the loan to buy rice, sugar, m... More from Carolina Enriqueta's previous loan »

Additional Information

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
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,600,625
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Carolina Enriqueta to buy milk, sweets, rice, and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Carolina Enriqueta. It was first posted on Kiva on Oct, 2012. Learn More