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Update on Yolanda

Yolanda continues to work at her bar/restaurant business. She prepares different traditional meals such as roasted guinea pig, roasted chicken, and soups. She also sells beer and sodas. She works from 9 AM until 6 PM. She has worked at this business for 8 years and it is going very well for her.

Her dream is to expand her restaurant/bar business. She requests a loan to buy products such as: meat, chicken, and vegetables for her restaurant.

Yolanda is pleased to be getting this loan, and she promises to comply with the payment terms.
View original language description ↓
La socia se sigue dedicando al negocio de bar y picanteria,la socia prepara diferentes platos tipicos como cuy al horno,pollo al horno y sopas,la socia tambien vende gaseosas y cervezas,la socia trabaja desde las 9:00 a.m hasta las 6:00 p.m,la socia ya tiene 8 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de picanteria y bar.La socia solicita el credito para comprar productos como carne,pollo y verduras para la picanteria.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Yolanda belongs to the communal bank "Illary III." This bank is located in the district of Cusco, in the province and department of Cusco. Yolanda is 41 year old, single, and has 2 children. She alternates her daily activities with her bar/restaurant business. In her eatery, she serves tra... More from Yolanda'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
  • 46
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yolanda to buy products such as: meat, chicken, and vegetables for her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 6, 2012
Feb 1, 2013
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Yolanda. It was first posted on Kiva on Jul, 2011. Learn More