Update on EvangelinaThe member belongs to the COMUZONE I communal bank. She continues in her vegetable-selling business. She sells in one of the markets of the city of Cusco. She feels good about this business, which brings both personal and economic rewards. The member works every day in her business, which is the way that she provides for her family.
The member is requesting this loan for the purchase of squash and tomatoes for her business.
The member feels grateful for the credit, and she is committed to making her loan payments according to the established terms.
La socia solicita el credito para la compra de zapallo y tomates para su negocio.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsShe belongs to the “Comuzone I” communal bank and continues with her business selling vegetables. She sells carrots, tomatoes and onions, among others. She sells them in one of Cusco’s markets Monday to Sunday all day. She’s been in business for years and does well thanks to the daily effort s... More from Evangelina's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid