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Update on Zoraida

Zoraida belongs to the communal bank “Señor de los Milagros de Chimpahuaylla” in the city of Cusco, Peru. She continues to make a living selling basic foodstuffs in her grocery. Zoraida has worked in her shop for some time and it is with this activity that she raises 2 small children. For this opportunity, she will invest her loan in growing her business and she will buy merchandise like rice, sugar, milk, noodles, sodas and cases of beer in order to stock her store. Zoraida is very grateful to KIVA for allowing her to maintain her business, support her home, and provide a better life for her children.
View original language description ↓
La socia es la señora Zoraida, ella pertenece al banco comunal “Señor de los Milagros de Chimpahuaylla” de la ciudad del Cusco – Perú. Nuestra socia se sigue dedicando a la venta de productos de primera necesidad en su tienda de abarrotes, Zoraida trabaja en su comercio hace algún tiempo y es con esta actividad que con la que cría a su 2 pequeños Hijos. La socia en esta oportunidad invertirá su préstamo para capitalizar su actividad y comprará mercaderías como arroz, azúcar, leche, fideos, bebidas gaseosas y cerveza por cajas para estoquear su tienda.
Zoraida está muy agradecida con KIVA por permitirle mantenerse con su actividad, llevar el sustento a su casa y proporcionarles una mejor vida a sus hijos.

Previous Loan Details

Zoraida, 28, is a member of the “Señor de los Milagros de Chimpahuaylla” in Huanchac District, Cusco Province and Department. She has a spouse and two children. She runs her grocery and beer warehouse. She works with her spouse who raises livestock and helps her out whenever he’s able. She ... More from Zoraida'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
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Zoraida to buy rice, sugar, milk, noodles, sodas and beer.
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 Zoraida. It was first posted on Kiva on Jul, 2011. Learn More