Check out some available loans that are similar to this one!

Update on Walter

Walter continues to work as a rancher. He has cattle that he raises and sells as a street vendor and works from 6:00 a.m. until 5:00 p.m. He has had this business for 9 years and his dream is to improve his barn and expand his farming business.

Walter is asking for this loan so he can buy a cow and cattle feed.

He is happy to get this loan and is committed to fulfilling his repayment terms.
View original language description ↓
El socio se sigue dedicando al negocio de ganaderia,el socio tiene ganados que los hace engordar y los vende en forma ambulatoria,el socio trabaja desde las 6:00 a.m hasta las 5:00 p.m,el socio ya tiene en este negocio 9 años,el sueño del socio es mejorar su establo y ampliar el negocio de agricultura.La socia solicita el credito para comprar un ganado y alimentos para los ganados.

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

Previous Loan Details

Walter has a livestock business. He has 8 cows that produce milk, which he later sells from place to place in the city of Cusco. He also works as a farmer, cultivating corn and potatoes on some land that he has. He has been working in agriculture and livestock production for 9 years, and throu... More from Walter'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
  • 83
    View loans »
    Peru Loans Fundraising
  • $63,829,350
    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 Walter buy a cow and cattle feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 11, 2013
Mar 1, 2013
Currency Exchange Loss:
Aug 17, 2013
This photo was used before for a previous loan for Walter. It was first posted on Kiva on Jul, 2012. Learn More