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Update on Shirley

Shirley is a member of the “PUNTUALITO” communal bank in the city of Cuzco, Peru. Shirley continues to help the family business, which is a bread bakery. She also continues to work in her independent business selling fast food, such as hamburgers and sandwiches. At this time, Shirley is asking for a loan to invest in buying ingredients such as beef, chicken, vegetables, etc, for her fast food. Shirley is very grateful to KIVA for letting her develop her economic activity, which is her family's source of support.
View original language description ↓
Shirley es La socia que pertenece al banco comunal “PUNTUALITO” de la ciudad del Cusco – Perú. La señora Shirley continúa ayudando en el negocio familiar que es una panadería y paralelamente continúa en su negocio independiente de venta de comida rápida o (fast food ) como hamburguesas y sándwiches. Shirley en esta oportunidad está solicitando su préstamo para invertirlo en comprar insumos como carne de res, papas, carne de pollo, verduras etc. para su negocio de fast food. Shirley está muy agradecida con KIVA por permitirle desarrollarse en su actividad económica, la cual representan el sustento de su familia y desarrollo de su actividad.

Previous Loan Details

Shirley continues to work at her business selling hamburgers as a street vendor. She works from 7:00am until 5:00pm. She has had this business for eight years. In her free time, she likes to spend time with her son. Her dream is to have a store where she can sell hamburgers. She is askin... More from Shirley'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
  • 78
    View loans »
    Peru Loans Fundraising
  • $61,829,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Shirley to buy beef, chicken, vegetables, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Jan 1, 2013
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Shirley. It was first posted on Kiva on Sep, 2012. Learn More