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Maria Edi

Update on Maria Edi

This member is 55 years old. She takes care of an elderly person and operates a sewing workshop where she makes track suits. The member engages in both activities on different schedules.


On this occasion, she is requesting a loan to invest in the purchase of fabrics, zippers, thread, and other supplies for making track suits in mass quantities within her workshop.

View original language description ↓
La socia tiene 55 años de edad; la socia se dedica la cuidado de una anciana y a la fabricación de buzos en su taller de confección, la socia se dedcia a ambas actividades en diferentes horarios, ella en esta ocasión requiere el prestamo para invertir en la compra de telas, cierres, hilos entre otros para la elaboración de los buzos al por mayor en su taller de confección.

Previous Loan Details

Maria Edi is 54 years old, married, and has three children. She was born in the city of Iberia in the province of Puerto Maldonado, and currently lives in the city of Cusco. Maria Edi is a hard-working and enterprising mother who is helping her family succeed. She owns a small tailoring shop… More from Maria Edi'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

  • $6,715
    Average annual income
  • 34
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Maria Edi to buy fabrics, zippers, thread, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012
This photo was used before for a previous loan for Maria Edi. It was first posted on Kiva on Mar, 2011. Learn More