Check out some available loans that are similar to this one!
Yeny

Update on Yeny

Yeny continues to operate her business of selling CDs and DVDs. She has been in this business for years and is doing well thanks to the effort she puts forth each day into her work. Yeny wants to keep working so that she can continue to support her family. She is a responsible and industrious person.

Yeny is requesting a loan in order to buy more merchandise, such as CDs. She is grateful for the loan and promises to complete her payments on schedule.
View original language description ↓
La socia Yeny continua dedicándose al negocio de venta de Cds y Dvds,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 desea poder seguir trabajando para de esta forma seguir apoyando a su familia, la socia es una persona responsable y empeñosa.

La socia solicita el crédito para la compra de mas mercadería como cds.
La socia Yeny agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

Previous Loan Details

Yeny lives in the lovely city of Cusco, where she is a hardworking mother who gets her family ahead by selling CDs and DVDs. She’s been doing this for several years and things are going very well for her. She is asking for this loan to buy CDs and DVDs. Yeny is grateful for the loan and is c... More from Yeny'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.

Tags

About Peru

  • $12,000
    Average annual income
  • 113
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Yeny to buy more merchandise, such as CDs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 19, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014
This photo was used before for a previous loan for Yeny. It was first posted on Kiva on Feb, 2014. Learn More