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Update on Laskmi

Sra. Laskmi is 34 years old, in a common-law relationship, and has two children. She continues with her business of selling handicrafts. She sells ceramics, polo shirts, caps, and scarves. Laskmi works as a traveling vendor from 8am to 6pm. Through this business, she is able to help her children move forward. Laskmi wants to expand and improve her business of selling handicrafts. She dreams of having a craft store. Laskmi is requesting a loan to buy handicrafts such as polo shirts, sweaters, caps, and ceramics in bulk. She is an enterprising person who has tremendous desire to succeed so that her family can get ahead.

Laskmi is pleased with the loan and promises to complete her payments.

View original language description ↓
La socia es la Sra. Laskmi; ella tiene 34 años de edad, conviviente y tiene 2 hijos; La socia se sigue dedicando al negocio de venta de artesania,ella vende ceramicas,polos,gorras y chalinas,la socia trabaja en forma ambulatoria desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos,la socia quiere ampliar y mejorar el negocio de venta de artesania,su sueño de la socia es tener una tienda de artesania.La socia solicita el préstamo para comprar artesania como polos,chompas,gorras y ceramicas al por mayor.
La socia es una persona muy emprendedora con muchas ganas de salir adelante y de esta forma saca a su familia adelante.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Laskmi is a member of the “Patron de Santiago” community bank which is located in Cusco district, in the province and department of the same name. Laskmi is 34 years old. She lives with her common-law husband and has 2 children. She divides her time between her daily activities and her handi... More from Laskmi'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
  • 34
    View loans »
    Peru Loans Fundraising
  • $64,360,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Laskmi to purchase handicrafts to sell in bulk such as polo shirts, sweaters, caps, and ceramics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 28, 2011
Dec 5, 2011
Currency Exchange Loss:
Apr 15, 2012
This photo was used before for a previous loan for Laskmi. It was first posted on Kiva on Dec, 2010. Learn More