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

Update on Ruth

Ruth continues working as a teacher at the elementary level in the Anta district. She also is working in her business selling "panetones" [Christmas cakes] for the Christmas season, and she also sells beauty products like perfume and creams.

With these small businesses she gets her children ahead. She wants to expand her businesses selling panetones and beauty products.

She is requesting the loan to buy panetones and beauty products such as creams and perfume wholesale.
View original language description ↓
Ruth sigue trabajando como docente del nivel primario en el distrito de Anta,la socia tambien se esta dedicando al negocio de venta de panetones por la epoca navideña y tambien la socia vende productos de belleza como perfumes y cremas,por medio de estos pequeños negocios la socia saca adelante a sus hijos,la socia quiere ampliar los negocios de venta de panetones y negocio de venta de productos de belleza . La socia solicita el préstamo para comprar panetones y productos de belleza como cremas y perfumes al por mayor.

Previous Loan Details

Ruth was born in Cusco Province in the Department of Cusco. She is 36 years old and lives in the city of Izcuchaca. Ruth is married and has four children. She is a teacher who works at a school in the community of Huallacocha. Ruth has been teaching at the elementary level for eleven yea... More from Ruth'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
  • 103
    View loans »
    Peru Loans Fundraising
  • $61,923,425
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ruth to buy "panetones" [holiday cakes] and beauty products such as creams and perfume wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 15, 2011
Nov 20, 2011
Currency Exchange Loss:
Apr 15, 2012
This photo was used before for a previous loan for Ruth. It was first posted on Kiva on Apr, 2011. Learn More