Update on Fanny FlorThe member belongs to the communal bank "Liderando las Palmeras". The bank is located in the district of Cusco, in the province of Cusco and the Cusco region. She works providing school transportation. She has worked in this business for many years and it satisfies her both financially and personally. She hopes to continue working in order to continue supporting her family. She is seeking a loan to purchase tires for her care. She is grateful for those who are taking part in this dream through this medium, and she is committed to complying with the loan repayment schedule.
La socia sigue dedicándose a brindar el servicio de movilidad escolar, la socia lleva buen tiempo dedicándose a este negocio el cual le trae satisfacciones tanto económicas como personales, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el préstamo para comprar llantas para su carro.
La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido
Previous Loan DetailsThe member belongs to the communal bank "Liderando las palmeras". The bank is located in the district of Cusco, belonging to the province and department of Cusco. The member continues to offer the service of transportation to school. She works Monday through Friday during the day. She has a g... More from Fanny Flor'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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