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Update on Edwin

Edwin keeps carrying his activity out, and on top of this he also works for a company that prepares meals (breakfasts, lunches and dinners) for a private firm. He is requesting a loan to buy ingredients such as chicken, meat and sugar among other things. He is happy about the loan and he commits to complying with his repayments.
View original language description ↓
Edwin continua trabajando ejerciendo su profesión pero también en una empresa donde prepara alimentos (Desayuno, almuerzo y Cena) para una empresa privada. Requiere el préstamo para comprar insumos como pollo, carne, arroz, azúcar y otras cosas más. El socio está feliz por el préstamo y se compromete a cumplir con los pagos

Previous Loan Details

The member belongs to the community bank "Yanapakuy". The bank is located in the district of Cusco, it belongs to the province of Cusco and the department of Cusco. The member is Edwin, he is 29 years old and is single. He is a biologist by profession and works in a private laboratory. He has... More from Edwin'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
  • 51
    View loans »
    Peru Loans Fundraising
  • $63,756,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Edwin to buy ingredients such as chicken, meat and sugar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 27, 2012
Jan 1, 2013
Currency Exchange Loss:
Apr 17, 2013