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Update on Edgar

Edgar has a business making cakes, breads and pastries. This time of year, he will prepare the dough and all of the finishing touches for the famous "gua gua" bread dolls. These are breads made into the form of babies, and they are wrapped around little ceramic faces and decorated all over with sprinkles and candy. These bread dolls are made for little girls, and for the boys he makes bread dolls in the form of horses with little ceramic horse faces. The All Saints holidays are celebrated in every home, especially in Cusco, with the gua gua breads. The name comes from a Quechua word that means "bread baby," and all of the traditional families that have a little girl in the house buy the dolls made of bread, and those that have young boys in the house buy the little horse breads so that the children can eat them. Edgar is familiar with these customs, and he wants to invest the loan in the purchase of flour, yeast, candies, little ceramic faces, and other ingredients.
View original language description ↓
El socio se dedica a la elaboración de tortas, panes, pasteles, y en esta ocasión preparara la maza y todos los últimos retoques de las famosas muñecas gua guas, los panes en forma de bebes envueltas con caritas de ceramica y con decoración de grageas, confites en todo el cuerpo para las ñiñas y para los niños los famosos caballos hechos en pan con la carita de caballos en ceramica, estas fiestas de todos los santos se celebra en todas las casa en especial del Cusco con panes guaguas que es una palabra quechua que significa pan bebe y todas las familias tradicionales que tienen en casa una nena compran las nuñecas hechas en pan y los que tienen varones menores en casa compran caballitos de pan que se los pueden comer. El socio no ajenoa a estas costumbres desea invertir el credito para la compra de harina, levadura, confites, caritas entre otros ingredientes.

Previous Loan Details

Edgar is 37 years old, has two children, and lives in the city of Cusco, Peru. Edgar tells us that he owns two bakeries. He and his wife Sonia work making bread, cakes and many other products. He has been in this business for eight years and it is going very well. On this occasion, Edgar need... More from Edgar'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
  • 40
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Edgar to buy flour, yeast, candies, little ceramic faces and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 17, 2011
Oct 27, 2011
Currency Exchange Loss:
Mar 15, 2012
This photo was used before for a previous loan for Edgar. It was first posted on Kiva on Feb, 2011. Learn More