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Benigno Julio

Update on Benigno Julio

This borrower is part of the communal bank “Qorichaska del Cusco”, and works repairing computers and other electronic items. He is a very friendly and responsible person who works hard to support his family and get ahead. At this time he is asking for a loan in order to buy materials such as CDs, memory cards, and other computer items. He is happy to receive this loan and promises to comply with all loan repayments when due.
View original language description ↓
El socio continúa en el banco comunal “Qorichaska del Cusco” y con la reparación de equipos de cómputo y periféricos. Es una persona responsable y amable que saca adelante a su familia. En esta oportunidad requiere el préstamo para comprar materiales de trabajo como CD, memorias y otras cosas más. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota

Previous Loan Details

Julio continues to dedicate himself to his business maintaining and repairing computers and keyboards. He has a shop where he works from 8 a.m. until 5 p.m., and the business has helped him make headway for his children. Julio's dream is to expand his business, and he is requesting a loan to purc... More from Benigno Julio'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
  • 117
    View loans »
    Peru Loans Fundraising
  • $61,968,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Benigno Julio to buy materials such as CDs, memory cards, and other computer items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 29, 2012
Dec 1, 2012
Currency Exchange Loss:
Mar 15, 2013