Check out some available loans that are similar to this one!
Olga Visitación

Update on Olga Visitación

The member is Olga. The member continues dedicating herself to the business of jewelry. The member works for orders by different clients who order from her. The member makes different accessories like art, among them necklaces. The member is a very responsible and earnest woman, thus being the manner in how the member gets her family ahead.

The member is applying for the loan to buy wire, stones among others to make her accessories. The member feels thankful for the loan granted and she is committed to fulfilling her established repayments.
View original language description ↓
La socia es la Sra: Olga; La socia sigue dedicándose al negocio de bisuteria,la socia trabaja a pedido para sus distintos clientes que le solicitan, la socia elabora diferentes accesorios como artes, collares entre otros, la socia es una persona responsable y empeñosa, siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de alambres, piedras entre otros para elaborar sus accesorios.

La socia siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

This member is Sra. Olga. She continues to make her living with a jewelry business. She makes earrings, necklaces, bracelets, key rings and other items. She sells the items herself to friends and to family members. Sra. Olga works by taking orders from her customers. She has been in this bus... More from Olga Visitación'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

  • $12,000
    Average annual income
  • 86
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Olga Visitación to buy wire, stones among others to make her accessories.
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 Olga Visitación. It was first posted on Kiva on Aug, 2012. Learn More