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Update on Fortunata

This member belongs to the “IMA SUMAC SUNCCO” Community Bank. This bank is located in the province and municipality of Cusco. This borrower’s name is Mrs. Fortunata. She continues with her business buying and selling vegetables. She is a responsible and hardworking woman, which is how she helps her family to progress. She continues selling her products in Cusco. She also raises young animals such as guinea pigs. She would like to continue working, as this is how she supports her family.
She is asking for this loan in order to buy guinea pigs and food for the animals such as alfalfa.
She is thankful for this loan and promises to pay her payments on time.
View original language description ↓
La socia pertenece al banco comunal “IMA SUMAC SUNCCO”; El banco está ubicado en la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Fortunata; la socia continua dedicándose al negocio de compra y venta de verduras, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia, la socia continua vendiendo en uno de los mercados de la ciudad del Cusco, a la vez la socia también continua dedicándose a la crianza de animales menores como cuyes, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el préstamo para la compra de cuyes y alimentos para sus animalitos como alfalfa.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Fortunata is a member of the Ima Sumac Suncco communal bank. The bank is located in the Cusco province in the Cusco department. Fortunata, age 47, is married and has six children. She alternates her daily activities with the business of buying and selling vegetables. She sells at one of the... More from Fortunata's previous loan »

Additional Information

More information about this loan

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
  • 78
    View loans »
    Peru Loans Fundraising
  • $61,829,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Fortunata to buy guinea pigs and food for the animals such as alfalfa.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 6, 2013
Jul 7, 2013
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Fortunata. It was first posted on Kiva on Jul, 2012. Learn More