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Update on Cleofe

Cleofe continues working in her fruit selling business. She sells apples, plantains, oranges, and grapes. She works from 8:00am until 6:00pm. She has been in this business for 5 years and it is going very well for her. Her dream is to have a store where she could sell her fruits. She is requesting the loan to buy apples, plantains, oranges, and grapes at wholesale price.

Cleofe is grateful for the loan that has been granted her, and she pledges to comply with the repayment plan.
View original language description ↓
La socia se sigue dedicando al negocio de venta de frutas,la socia vende manzanas,platanos,naranjas y uvas,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia tiene 5 años en este negocio y le va muy bien,el sueño de la socia es tener un local donde pueda vender las frutas.La socia solicita el credito para comprar manzanas,platanos,naranjas y uvas al por mayor.

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Cleofe belongs to the 'MADRES TRABAJADORAS' communal bank. She continues with her fruit business, selling oranges, mandarins, bananas and passion fruit, amongst others. She has been working in this business for years and it is going well thanks to the effort which she makes daily. Cleofe sells in... More from Cleofe'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
  • 53
    View loans »
    Peru Loans Fundraising
  • $63,757,875
    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 Cleofe to buy apples, plantains, oranges, and grapes at wholesale price.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 11, 2013
Mar 1, 2013
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Cleofe. It was first posted on Kiva on Oct, 2012. Learn More