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Update on Gregoria

The member is Gregoria who continues with her business buying and selling cheese. She’s a responsible, hardworking woman. She sells her merchandise in the city of Cusco and in Mollepata District. She also continues to work in agriculture. She wants to be able to continue working this way to continue supporting her family. She’s requesting the loan to buy cheese. She feels grateful for the loan granted and commits to make her payments as scheduled.
View original language description ↓
La socia es la Sra. Gregoria; la socia sigue dedicándose al negocio de compra y venta de queso, la socia es una persona responsable y empeñosa, la socia distribuye su mercadería en la ciudad de Cusco y en el distrito de Mollepata, la socia a la vez continua dedicándose a la agricultura, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.

La socia solicita el crédito para la compra de quesos.

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

Previous Loan Details

Gregoria is continuing with her business buying and selling cheese. She has been in this business for a long time, and it is going very well, thanks to the daily effort she puts into her business. Gregoria is a responsible person who has a strong desire to continue to work for her family. She ... More from Gregoria'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
  • 86
    View loans »
    Peru Loans Fundraising
  • $63,797,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Gregoria to buy cheese.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 20, 2013
Aug 16, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Gregoria. It was first posted on Kiva on Aug, 2012. Learn More