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

Update on Isabel

Isabel continues her business of buying and selling alpaca wool sweaters. She also buys yarn in quantity, knits, and delivers to her different customers. In the future she would like to have a factory, expand her sales, hire people to help her knit or buy machines to automate the process. She’s asking for this loan to invest in alpaca yarn to knit sweaters.
View original language description ↓
La socia es la Sra. Isabel; continua con su negocio de compra y venta de chompas de alpaca, la socia también teje ella compra al por mayor lanas y las teje y sigue llevando a sus diferentes clientes. La socia desea a futuro tener una empresa formada y ampliar sus ventas, contratar personal para que le ayude en los tejidos o maquinas para hacerlo de forma industrial. La socia solicita el prestamo para invertir en la compra de lanas de alpaca para realizar las chompas.

Previous Loan Details

Sra. Isabel belongs to the Communal Bank “Los Angeles” (The Angels) which is located in the District, Province, and Department of Cusco. She is 29 years old, in a common-law marriage, and has one child. Isabel divides her time between her daily activities and her business of selling sweaters... More from Isabel'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
  • $64,472,350
    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 Isabel to buy yarn.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 7, 2011
Dec 16, 2011
Currency Exchange Loss:
May 15, 2012
This photo was used before for a previous loan for Isabel. It was first posted on Kiva on May, 2011. Learn More