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Velia Liliana

Update on Velia Liliana

This borrower belongs to the communal bank "ROSITA DE LOA ANGELES," which is located in the district of San Sebastián, in the province of Cusco, in the Cusco Department.

Velia is continuing with her business purchasing and selling construction materials. She sells her merchandise to the many customers who solicit her business. She has been in this business for a long time and it gives her both personal and financial satisfaction. She wants to be able to continue working so that she can continue supporting her family. She is requesting a loan to buy construction materials, including cement. Velia is grateful for the loan she has been granted and she promises to make the payment installations.
View original language description ↓
La socia pertenece al banco comunal ROSITA DE LOA ANGELES, el banco está ubicado en el distrito de San Sebastián, provincia de Cusco y departamento de Cusco.
La socia Velia continua con su negocio de compra y venta de materiales de construcción, la socia vende su mercadería a sus distintos clientes que le solicitan, la socia lleva buen tiempo con su negocio el cual le tare satisfacciones tanto económicas como personales, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para comprar materiales como cemento entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

She is a member of the “ROSITA DE LOS ANGELES” communal bank, located in the San Sebastián district, within the Cusco province and department. Velia is 42 years old, married, and has two children. She buys and sells building materials such as cinder blocks, stones, cement, and other things. ... More from Velia Liliana'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
  • 73
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Velia Liliana to buy materials like cement, among other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014
This photo was used before for a previous loan for Velia Liliana. It was first posted on Kiva on Jan, 2013. Learn More