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Update on Valentina

This member's name is Valentina. She belongs to the “Señor de los Milagros de Chimpahuaylla” communal bank in the city of Cuzco – Perú. She still is a merchant who sells basic neceesity products in her small grocery store. Valentina has done this activity for a while and with it she gets her two children ahead, who are still young and dependent on her. Valentina works to give her children a home, food and education. Because of that she will invest the loan in buying merchandise such as rice, sugar, milk, pasta, soft drinks, etc. for her grocery business.

She wants to make her business grow and expand her business to become a mini-market. This will bring better income and elevate her and her family's quality of life.

Valentina is very happy and grateful to KIVA for allowing her to giver a better quality of life to her family and for helping her maintain and develop her economic activities.
View original language description ↓
La socia es la señora Valentina, ella pertenece al banco comunal “Señor de los Milagros de Chimpahuaylla” de la ciudad del Cusco – Perú. La socia se sigue dedicando al comercio de productos de primera necesidad en su tienda de abarrotes. Valentina realiza esta actividad hace tiempo y es con esta que ha sacado adelante a sus 2 hijos, aun pequeños y dependientes de ella. Valentina trabaja para poder darles a sus hijos una casa, alimento y educación, y por ello invertirá su préstamo para comprar mercadería como arroz, azúcar, leche, fideos, bebidas gaseosas etc. para su comercio de abarrotes.
La socia quiere hacer crecer su negocio y ampliar su comercio hasta convertirlo en un mini market, el cual le reportaría mejores ingresos económicos y así elevar su calidad de vida y la de su familia.
Valentina está muy feliz y agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y ayudarla a mantener y desarrollarse en sus actividades económicas.

Previous Loan Details

Sra. Valentina is a member of the Communal Bank “Señor de Los Milagros de Chimpahuaylla” which is in the District of Huanchac, Province and Department of Cusco. She is 35 years old, in a common-law marriage, and has two children. Valentina manages and attends to a grocery store. She works e... More from Valentina'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
  • 117
    View loans »
    Peru Loans Fundraising
  • $61,994,300
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Valentina to buy merchandose such as rice, sugar, milk, pasta and soft drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Jul 31, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Valentina. It was first posted on Kiva on Jul, 2011. Learn More