Update on Nancy GuadalupeNancy belongs to the LIDERANDO LAS PALMERAS communal bank, which is located in the city of Cusco, region of Cusco. She is 50 years old, is separated and has 2 children. In addition to her daily activities, she has a with a lodging business. She has had this business for quite some time and does well thanks to the determination with which she runs it. She wishes to be able to continue working to support her family.
She requests this loan to purchase sheets, among other items. She is thankful for the loan and promises to repay it on time.
La socia tiene 50 años de edad es separada y tiene 02 hijos, la socia alterna sus actividades diarias con el negocio de hospedaje, la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada di a su negocio, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solcito el crédito para la compra de sabanas entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsNancy Guadalupe is grateful to the investors for the loan and she is happy with the support that has been given. She keeps selling cosmetics such as creams, perfumes and more. She also still belongs to the "Liderando las Palmeras" communal bank. At this time, she needs the loan to buy cosmetics… More from Nancy Guadalupe'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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