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Update on Serafina

The member is Serafina, she is part of the "Señor de los Temblores II" communal bank in the city of Cusco, Peru. The member continues to work in her auto body repair and paint business. She has been in this business for a long time, which has been going well for her thanks to the effort she puts into it everyday. She is a responsible and hardworking woman, which allows her to get her family ahead.

She is seeking this loan to purchase paint among other materials. She is grateful for the loan and she is committed to making these established payments.
View original language description ↓
La socia es la señora Serafina, ella pertenece al banco comunal “Señor de los Temblores II” de la ciudad del Cusco – Perú.
La socia sigue dedicándose al negocio de planchado y pintura para vehículos motorozados,la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada día su negocio, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de pinturas entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

The borrower is Serafina. She belongs to the communal bank “Señor de los Temblores II” in the city of Cusco – Perú. She continues with her own auto body painting and repair business in her mechanics workshop. Serafina is asking for a loan to buy materials such as resins, acrylics, paints and a ... More from Serafina'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
  • 72
    View loans »
    Peru Loans Fundraising
  • $63,759,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Serafina purchase paint among other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 16, 2014
May 9, 2014
Currency Exchange Loss:
Nov 17, 2014