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Update on Nancy

Nancy alternates her daily activities with a business selling cheese, yogurt and ‘manjar’ [a sweet]. She makes these products and then sells them to customers that request them.

She’s been in this business for years and this is the way she supports her family. She sells in markets and street markets where her customers are. She also raises livestock. She’s quite a responsible person who very much wants to get ahead.

She’s asking for the loan to buy ingredients to make cheese and yoghurt and ingredients, like sugar, for the manjar.
View original language description ↓
La socia es la Sra. Nancy;La socia alterna sus actividades diarias con el negocio de venta de queso, yogurt y manjar ella prepara estos productos para luego venderlo a sus clientes que le solicitan,la socia lleva años en este negocio siendo de esta manera que la socia saca adelante a su familia,la socia vende en las ferias y mercados donde estan sus clientes que le solicitan,a la vez la socia se dedica a la ganaderia ,la socia es una persona bien responsable con muchas ganas de salir adelante.

La socia solicita el préstamo para la compra de insumos para la elaboracion de sus quesos,yogurt y manjar como azucar.

Previous Loan Details

Nancy, 38, belongs to the “Mujeres en Accion” (Women in Action) communal bank located in Anta District that belongs to Anta Province and Cusco Department. She has a spouse and four children. She alternates her daily chores with a business selling cheese, yoghurt and manjar (caramel). She mak... More from Nancy'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
  • $64,316,075
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Nancy to buy ingredients to make cheese, yoghurt and "manjar.".
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 20, 2012
Jan 28, 2012
Currency Exchange Loss:
Aug 15, 2012
This photo was used before for a previous loan for Nancy. It was first posted on Kiva on Jul, 2011. Learn More