Update on Yenny RoxanaYenny belongs to the community bank, SIEMPRE JUNTOS, and continues in her stationery business. She sells pencils, paper, notebooks and other materials. Business is going well after several years of activity, mainly due to Yenny's dedication. She has a shop in the town of Paucartambo in the province of Pilcopata. She is a responsible, hard-working woman who earns a living this way to support her family.
She is requesting a loan to buy merchandise such as paper and notebooks, and to pay for some personal expenses.
The member is shown with her son in the photo. She is grateful for the loan and committed to paying it back on time.
La socia solicita el credito para la compra de mercaderia para su negocio como papeles,cuadernos y para algunos gastos personales.
La socia sale en la foto con uno de sus hijos.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsYenny is a member of the "Siempre Juntos" community bank which is located in Huanchac district, in Cusco province and department. Yenny is 36 years old, single, and has two children. Her business is running a stationery store. Yenny has a stationery store in Paucartambo province, in Pilcopat... More from Yenny Roxana'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