Update on Dora DeliaDora is a member of the "Senor de los Milagros de Chimpahuaylla" community bank in the city of Cusco, Peru. The member continues to work in teaching at one of the city's schools. Teaching is her profession and she's a responsible, diligent person who has been doing this job for years. The job has been going well for her thanks to the effort she puts into it every day. She wants to keep working so she can continue supporting her family. The member is requesting the loan to purchase teaching materials, and feels grateful for the loan provided and pledges to comply with the payment plan.
La socia continua dedicándose a enseñar en uno de los colegios de la ciudad, la socia es docente de profesional socia es una persona responsable y empeñosa, la socia lleva años dedicándose a este su trabajo el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta manera seguir apoyando a su familia.
La socia solicita el crédito para la compra de materiales didácticos.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con su cuota establecidas.
Previous Loan DetailsOur featured member is Dora. She is a member of “Señor de los Milagros de Chimpahuaylla” Communal Bank in Cusco, Perú. She is a teacher and continues to teach at a school in the city. Dora is giving back to her parents for the efforts they made in supporting her professional studies and she is… More from Dora Delia'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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