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Update on Hilaria

Hilaria continues working in her business buying and selling sweet treats. She has grown her business a lot and now she would like to stock her cart for the back-to-school season so that she has everything her young customers enjoy. She will invest her loan in buying candies, sweets, lollipops, cookies, snacks, cartons of juice, individual yogurts and soda.
View original language description ↓
La socia Hilaria; continua con su negocio de compra y venta de golosinas, la socia a crecido mucho y ahora desea poder implementar sus carreta en esta temporada en la cual ya empiezan las clases escolares y poder tener todo lo que sus pequeños clientes gustan, ella invertira el prestamo en la compra de golosinas como dulces, chocolates, chupetines, galletas, productos de snack, jugos en cajas, yogutr personales y gaseosas.

Previous Loan Details

Sra. Hilaria is a member of the Communal Bank “Huayna Picchu”, which is located in the district, province, and department of Cusco. She is 51 years old, married, and has three children. Hilaria divides her time between her daily activities and managing her business selling candy. She has a ... More from Hilaria'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
  • 115
    View loans »
    Peru Loans Fundraising
  • $61,996,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hilaria to buy candies, sweets, chocolates, lollipops, cookies, snacks, cartons of juice, individual yogurts and soda.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 22, 2012
Feb 28, 2012
Currency Exchange Loss:
Jul 15, 2012
This photo was used before for a previous loan for Hilaria. It was first posted on Kiva on Oct, 2010. Learn More