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Update on Anonymous

The member continues with his stationery shop business and also working in construction doing construction jobs; he also paints houses. He is able to support his children through these businesses.

He wants to improve and expand the stationery shop and also to improve the construction work. He’s asking for the loan to buy books, notebooks, pencils, mechanical pencils and erasers to enlarge his shop.

He’s happy about the loan and commits to make his installment payments.
View original language description ↓
El socio se sigue dedicando al negocio de libreria y tambien sigue trabajando en construccion haciendo trabajos de construccion y tambien pinta casas,por medio de estos negocio la socia saca adelante a sus hijos,el socio quiere ampliar y mejorar el negocio de libreria y tambien mejorar en su trabajo en construccion.El socio solicita el credito para comprar libros,cuadernos,lapices,lapiceros y borradores para implementar su libreria.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

This borrower is a member of the "Yahuar Maqui" community bank which is located in Cusco district, in Cusco province and department. The borrower is 26 years old, lives with his partner, and has one child. He divides his time between his daily activities and his stationery store business. He... More from Anonymous'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
  • 81
    View loans »
    Peru Loans Fundraising
  • $63,829,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped this borrower to buy stock merchandise for his stationery shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 18, 2012
Jun 22, 2012
Currency Exchange Loss:
Nov 15, 2012
This photo was used before for a previous loan for Anonymous. It was first posted on Kiva on Jun, 2011. Learn More