Update on KarinaKarina is a member of the “Cusco” communal bank that’s located in Huanchac District in Cusco Province and Department. She continues working in a travel agency. She’s been in this job for some time now and does well thanks to the effort she puts into her work every day. She sells a variety of tourism packages like city tours, tours to Valle Sagrado, Inca Trail tours, among others. She’s a responsible, dedicated person who supports her family this way. She’s requesting the loan to buy tourist entry tickets. She is grateful for the support being provided her and commits to make her installment payments in a disciplined way.
La socia Karina;continua dedicandose a trabajar en su negocio de agencia de viajes,la socia lleva buen tiempo en este su negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia vende diferentes tipos de paquetes turisticos como city tours,valle sagrado,camino inka entre otros,la socia es una persona responsable y empeñosa siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el credito para la compra de boletos turisticos.
La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.
Previous Loan DetailsKarina belongs to CUSCO community bank which is located in Huanchac district, in Cusco province and department. She is 27 years old and lives with her partner. Karina works in a travel and tourism agency. She is a new community bank member and would like to invest the loan that she will rece... More from Karina's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Aug 14, 2012
- Sep 21, 2012
- Currency Exchange Loss:
- Jan 15, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.