Update on DorisDoris lives in the city of Cusco, in the South of Peru. This is a very charming city because it has different landscapes and because it is the Historic Capital of America. Doris is a hardworking woman who gets her family ahead with the hard effort in her work. She works in the sale of juices. For some years she has been invited to participate in the communal bank "Imasumac II", and each time she has obtained a loan. This time she requests a loan to buy inputs such as banana, pineapples, oranges, grapes, strawberries, papayas and many others. Doris is very grateful for the loan granted and commits to making her established loan payments.
Doris es mujer emprendedora que saca adelante a su familia con el esfuerzo de su trabajo. Su actividad económica principal es la venta de jugos. Desde hace varios años fue invitada a participar del banco comunal “Imasumac II” y en cada oportunidad obtiene un crédito y en esta ocasión ella requiere el préstamo para comprar insumos como por ejemplo plátanos, piñas, naranjas, uvas, fresas, papayas y otras más.
Doris se siente muy agradecida por el préstamo y se compromete a cumplir con sus pagos de sus cuotas establecidas.
Previous Loan DetailsDoris continues belonging to the communal bank “Imasumac II” and continues in her juice-production business. She continues to sell in one of the markets in the city of Cusco from 7 a.m. to approximately 5 p.m. She is a responsible person that gets her family ahead. She is requesting the loan to p... More from Doris's previous 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