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Dennys Eduardo

Update on Dennys Eduardo

Dennys Eduardo is continuing with the communal bank and with his business of distributing snack products. He delivers them to various grocery stores in the city of Cusco. In his free time, he offers an urban transportation service and also studies topography. He needs this loan to be able to pay for a topography course. He is happy because of the loan and promises to make all of his payments on time.
View original language description ↓
El socio continúa con el banco comunal y con el negocio de distribución productos de snacks es decir reparte a las diferentes tiendas de abarrotes de la ciudad del Cusco pero en sus horas libres se dedica a brindar servicio de trasporte urbano y también estudia topografía. En esta oportunidad requiere el préstamo para pagar la matrícula del curso de topografía. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota

Previous Loan Details

The member continues to be in the foodstuff distribution business like potato chip snacks. The member distributes the items to different grocery stores and works from 9:00 a.m. to 6:00 p.m. Through his small business he is able to get his family ahead since he is a hardworking and enterprising pe... More from Dennys Eduardo'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
  • 86
    View loans »
    Peru Loans Fundraising
  • $63,797,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Dennys Eduardo to pay for a topography course.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 29, 2012
Dec 1, 2012
Currency Exchange Loss:
Mar 15, 2013