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Update on Yonny

The borrower is continuing to sell comforters and masks. She sells independently and works from 8:00am until 6:00pm. By means of her work, she is raising her children. She has been in this business for five years and it is going very well.

Her dream is to have a store where she can sell ítems for birthday parties. She is requesting a loan to buy comforters.

The borrower is a very hard-working woman, and promises to make the necessary installment payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de venta de ededrones y mascaras,la socia vende en forma independiente,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia por medio de su trabajo saca adelante a sus hijos,la socia ya tiene 5 años en este negocio y le va muy bien,el sueño de la socia es tener una tienda donde pueda vender articulos de fiesta de cumpleaños.La socia solicita el credito para comprar ededrones.

La socia es una mujer muy trabajadora y se compromete a realizar los pagos de los préstamos necesarios a tiempo

Previous Loan Details

At present, Yonny’s a 47-year-old and the mother of three children who are 5, 21, and 23 years old. Her three children live with her and two of them are attending university. She continues with her small business selling crafts like masks and comforters. She works every day selling these items... More from Yonny'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
  • 42
    View loans »
    Peru Loans Fundraising
  • $64,381,600
    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 Yonny to buy comforters.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 22, 2012
Dec 10, 2012
Currency Exchange Loss:
Apr 17, 2013
This photo was used before for a previous loan for Yonny. It was first posted on Kiva on Aug, 2012. Learn More