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Paulina

Update on Paulina

Paulina continues to sell corn and beans and has been doing this for years. Things are going well for her thanks to the dedication she puts into her business each day. She is a responsible person who wants to continue working so she can continue to support her family.

She is asking for a loan to buy compost and other things.

She is grateful for this loan and is committed to making her payments on time.
View original language description ↓
La socia Paulina continua dedicándose al negocio de venta de maíz y habas, 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 es una persona responsable, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita le crédito para comprar abono entre otros.

La socia se siente agradecida por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

The member, Paulina, earns a living through the business of the sale of corn and broad beans. The member has a plot of farmland where she sows broad beans and corn and then sells them in different street markets. The members works from 8:00 a.m. until 5:00 p.m. The member’s dream is to improve h... More from Paulina'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.

Tags

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Paulina to buy compost.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014
This photo was used before for a previous loan for Paulina. It was first posted on Kiva on Sep, 2012. Learn More