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Yuliana Araceli

Update on Yuliana Araceli

Yuliana Araceli is 36 years old and lives in Buenos Aires district, located in Morropon province, which is part of the Piura region on Peru's north coast. It is a community with a hot climate, and the people who live there engage in agriculture, run businesses, and raise livestock.

She sells beer from her home, and at farms for parties. In addition she sells candy. Her business is located in her home. She has requested a loan of 2000 nuevos soles from Edpyme Alternativa for the purchase of beer, which will allow her to stock her business and this way generate greater income for her family.
View original language description ↓
Yuliana Araceli tiene 36 años de edad, vive en el Distrito de Buenos Aires, una comunidad de clima calurosa, su población se dedica a la agricultura, comercio y ganadería, ubicada en la Provincia de Morropon que pertenece a la Región Piura, costa norte del Perú.


Ella se dedica a la venta de cerveza en su domicilio y ranchos por fiestas, además vende golosinas, su negocio se encuentra ubicada en su domicilio, ha solicitado un préstamo a Edpyme Alternativa de 2 000 nuevos soles para la compra de cerveza que le permita a bastecer su negocio y de esta amnera generar mayores ingresos para su familia.

Previous Loan Details

Yuliana Araceli is 35 years old and lives in the Buenos Aires district, two hours from Piura, on Peru's northern coast. In Yuliana's town, the people make a living in farming, running businesses, and raising cattle. Yuliana makes a living selling beer, corn liquor ("chicho de jora"), snacks, a... More from Yuliana Araceli's previous loan »

Additional Information

More information about this loan

This product was created to assist Edpyme Alternativa to expand their reach into rural areas of Northern Peru in order to attend more underserved populations. Kiva funding allows the institution to access the Northern areas of the Piura, Lambayeque, and Cajamarca regions, which are generally too costly to serve and therefore less attended by financial institutions.  
 

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
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Yuliana Araceli to buy beer for stocking her business.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2014
Listed
Jul 9, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015
This photo was used before for a previous loan for Yuliana Araceli. It was first posted on Kiva on Nov, 2013. Learn More