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

Update on Lucia

Lucia is continuing in the Santa Rosita de Lima communal bank and with her business selling products for the bedroom such as sheets, pillowcases, etc. She has dedicated herself to this business for several years, and it is going very well for her. She will use her loan to buy more products to sell, such as sheets and bedspreads. Lucia appreciates and is grateful for the loan, and she is committed to making her monthly payments on time.
View original language description ↓
Lucia continua en el banco comunal Santa Rosita de Lima y con el negocio de venta de productos dormitorios, tales como sábanas, fundas de almohadas, etc. Ya son varios años que se dedica a este negocio y le va muy bien. Ella va a usar su préstamo para comprar más productos para vender como sabanas y colchas. Lucia aprecia y agradece por el préstamo y se compromete a realizar los pagos mensuales a tiempo.

Previous Loan Details

Lucia is 50 years old, single, and has three children and three grandchildren. She is a native of Cusco, Peru. Lucia is part of a communal bank consisting of 16 neighbors who live in Cusco. The group is called Santa Rosita de Lima, named after a virgin of Peru. Lucia sells bedroom products,... More from Lucia'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
  • 43
    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 $1,175 helped Lucia to buy more products to sell, such as sheets and bedspreads.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 24, 2012
Dec 1, 2012
Currency Exchange Loss:
Mar 15, 2013