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Carolina Enriqueta

Update on Carolina Enriqueta

Carolina continues running her grocery store. Every three or four months she rotates merchandise but every 20 to 30 days she increases her merchandise. On this occasion she wants to purchase rice, sugar, flours, milk, noodles, oil and other products that are purchased daily. She is asking for the loan to purchase flours, noodles, oil, milk, sugar, and rice.
View original language description ↓
La socia Carolina, continua con la administracion de sus tienda de abarrotes, ella implementa su negocio cada tres a cuatro meses en general todos los productos, pero cada 20 dias a 30 dias al mes ella aumenta mercaderia; la socia en esta ocasion tambien desea implementar su negocio con la compra de arroz, azucar, harinas, leche, fideos, aceite, entre otros productos de primera necesidad osea los productos que salen a diario. La socia solicita el préstamo para invertir en la compra de productos de primera necesidad como harinas, fideos, aceite, leche, azucar, arroz.

Previous Loan Details

Carolina, 58, is a member of the “CAMINEMOS JUNTAS” (Let’s Walk Together) communal bank. She lives in Huanchac District which is in Cusco Province and Department. She is married and has three children who are 33, 29 and 26 years of age. She alternates her household chores with tending to her... More from Carolina Enriqueta'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
  • 43
    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 $575 helped Carolina Enriqueta to purchase flour, noodles, oil, milk, sugar, and rice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 20, 2012
Jan 31, 2012
Currency Exchange Loss:
Jun 15, 2012
This photo was used before for a previous loan for Carolina Enriqueta. It was first posted on Kiva on Jun, 2011. Learn More