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Update on Ninoska

Ninoska belongs to the communal bank “Las Hijas de María” (Daughters of Mary). She has a shop that sells liquor. She works in her business every day in order to build a better life for her family. She enjoys this business, which is going well thanks to the effort she makes every day. She wants to build her business little by little.

She is seeking this loan to buy soda and beer for her business. She is thankful for her previously granted loan and promises to complete her monthly repayments on time.
View original language description ↓
La socia Ninoska pertenece al banco comunal LAS HIJAS DE MARIA;la socia continua trabajando en su negocio de venta de licores, la socia trabaja en su negocio todos los dias siendo de esta manera que la socia saca adelante a su familia,la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada dia;la socia desea que su negocio poco a poco prospere.

La socia solicita el prestamo para la compra de gaseosas y cerveza para su negocio.

La socia agradece el credito otorgado y se compromete a cumplir con sus cuotas mensales.

Previous Loan Details

Ninoska is 31 years old and lives in the city of Cusco, which is located in the Department of Cusco, Peru. Her main business activity involves selling liquor from a shop she rents called “Licoreria Open”. Her store is open all day and all night and attended by two employees who work in shifts. ... More from Ninoska'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
  • $64,459,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Ninoska to buy soda and beer for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 18, 2012
May 30, 2012
Currency Exchange Loss:
Oct 15, 2012