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Jorge Gerardo

Update on Jorge Gerardo

Jorge is continuing his business of selling laptops to various customers that ask him for one and at the same time continues working for a private financial accounting business, which is going well thanks to the effort he puts into his work.

He is a responsible person and persevering. He wishes to be able to continue working and in this way support his family.

He seeks a loan to buy a laptop computer. He is grateful for the granted loan and promises to make his loan payments.
View original language description ↓

El socio es el Sr. Jorge ; el socio sigue dedicándose al negocio de venta de laptops para los distintos clientes que le solicitan y a la vez continua trabajando para una institución privada de asesor financiero,el cual le va bien gracias al empeño que le pone a su trabajo, él socio es una persona responsable y empeñoso, él socio desea poder seguir trabajando para de esta forma seguir apoyando su familia.
El socio solicita el préstamo para comprar una laptop.
El socio se siente agradecido por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Jorge continues selling laptops. He’s been in this business a good length of time and does well thanks to the effort he puts into it. At the same time, he’s employed as a financial consultant in a private firm. This is how he gets ahead. He’s a responsible, hardworking person who very much… More from Jorge Gerardo'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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jorge Gerardo to buy a laptop computer.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014
This photo was used before for a previous loan for Jorge Gerardo. It was first posted on Kiva on Aug, 2012. Learn More