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Susana

Update on Susana

This group member is called Susana. She is still working with cattle, mainly selling dairy cows. She has worked in this area for many years and it has gone very well for her thanks to the effort that she puts into her work every day. She sells milk to all the customers that seek out her services. She would like to keep working so that she can continue supporting her family.

Susana is requesting a loan to buy a cow. She is grateful for the loan she has been granted and she promises to honour her repayments.
View original language description ↓
La socia es la señora Susana, la socia continua dedicándose a la Ganadería, principalmente la venta de leche de vaca, la socia lleva años dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia vende leche a todos sus clientes que solicitan sus servicios, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicito el crédito para la compra de una vaca.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Susana, 52, is married and has four children. She lives in Tambo Real District. Her main economic activity is working with cattle, especially selling cow’s milk. Susana owns five cows and supports her family by means of this work. Susana needs to increase milk production to meet customer d... More from Susana'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 $1,425 helped Susana to buy a cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2014
Listed
Mar 5, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014
This photo was used before for a previous loan for Susana. It was first posted on Kiva on Sep, 2012. Learn More