Check out other loans that are currently fundraising!

Update on Elsa

Elsa belongs to the 'Cusco Sur' community bank, in the city of Cusco, Peru. On this occasion, our member has changed her business. She is betting on technology and now sells computer products and consumables. She will invest the loan she has requested in buying computer supplies, software and hardware.

Elsa is very grateful to Kiva for allowing her to provide her family with a better quality of life and for helping her to grow and strengthen her business.

Elsa is grateful for her loan and pledges to make her repayments on time.
View original language description ↓
Nuestra socia es la señora Elsa, ella pertenece al banco comunal “Cusco Sur” de la ciudad del Cusco - Perú, nuestra socia en esta oportunidad a cambiado de rubro, ella esta apostando por la tecnología y ahora se dedica a vender productos de computo como insumos. Elsa invertirá el préstamo solicitado para comprar productos de computo como suministros, software y hardware para computadoras.
Elsa está muy agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y por ayudarla con el crecimiento y fortalecimiento de su nueva actividad.
La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

Previous Loan Details

Elsa is 35 years old and is raising a 1-year-old with her partner. She works as an administrative assistant in an office, typically starting at 8 a.m. in the morning and ending at 7 p.m. in the evening. She is requesting a loan in order to invest in a new business selling shoes. She hopes tha... More from Elsa'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
  • 86
    View loans »
    Peru Loans Fundraising
  • $63,797,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Elsa to buy computer supplies and accessories.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 10, 2012
Jul 19, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Elsa. It was first posted on Kiva on Mar, 2012. Learn More