Update on ZenobiaZenobia was born in the city of Apurímac but currently lives in the city of Cusco. She is 64 years old. She is grateful to the lenders for the loan and is thankful for the support given. She continues to sell food and in this instance is requesting the loan to purchase goods such as rice, sugar, noodles, vegetables, meat, and others.
Zenobia is happy with loan given and promises to pay her installments within the established period.
Zenobia está feliz con el préstamo otorgado y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
Previous Loan DetailsSenora Zenobia is a member of a communal bank called "Nuevo Amanecer del Cusco" ("New Dawn of Cuzco"). The communal bank is located in thee district of Huanchac, in the province and department of Cuzco. Senora Zenobia is 61 years old. She is single, and has a son. She dedicates her time to the... More from Zenobia'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