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Update on Anonymous

The member still earns her living selling Christmas decorations; now she also is running a clothing-sales business. She sells pants, blouses, and t-shirts. Her dream is to have a shop. She is requesting the loan to buy shoes, t-shirts, sweaters, and blouses.

She is happy about the loan and she promises to make her loan payments.
View original language description ↓
La socia se sigue dedicando al negocio de ventas de adornos de navidad y tambien ahora se esta dedicando al negocio de venta de ropa, la socia vende pantalones, blusas y polos, el sueño de la socia es tener un bazar. La socia solicita le crédito para comprar zapatos, polos, chompas, polos y blusas.

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

Previous Loan Details

This borrower continues to manage a business of selling Christmas decorations, tablecloths, and other items. At the same time, she also continues to work for a private company. The borrower is a responsible and diligent individual. She has been in business for a long time and it has brought he... More from Anonymous'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
  • 83
    View loans »
    Peru Loans Fundraising
  • $58,960,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped this borrower to buy shoes, t-shirts, sweaters, and blouses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 23, 2014
Jun 5, 2014
Currency Exchange Loss:
Sep 19, 2014