Check out some available loans that are similar to this one!

Update on Dionicio

This member's name is Dionicio. He continues with his economic activity selling tires. Dionicio is asking for the loan to buy merchandise such as tires, and to capitalize his business.

Dionicio is very grateful to KIVA for helping him maintain his economic activity. He belongs to the “KANCHARY” communal bank in the city of Cuzco – Peru.
View original language description ↓
El socio es el señor Dionicio, él sigue con su actividad económica de venta de neumáticos. Dionicio está solicitando el préstamo para comprar mercadería como llantas y capitalizar su comercio.
Dionicio está muy agradecido con KIVA por ayudarlo en el mantenimiento de su actividad económica. El pertenece al banco comunal “KANCHARY”; de la ciudad del Cusco – Perú.

Previous Loan Details

Dionicio, 68, is a member of the “Kanchary” communal bank located in Cusco District belonging to Cusco Province and Department. He’s a widower and has five children. He alternates his daily chores with a tire shop. He owns a store where he sells tires. He works from 9am until 7pm. Through th... More from Dionicio'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
  • 34
    View loans »
    Peru Loans Fundraising
  • $64,360,025
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Dionicio to buy tires for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 17, 2012
Oct 2, 2012
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Dionicio. It was first posted on Kiva on Oct, 2011. Learn More