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Andrea Marisa

Update on Andrea Marisa

This member continues her business of buying and selling clothing. She wants to invest the money from this loan into her business and buy clothing. She will travel to Lima to bring clothing to take advantage of the Christmas celebrations. She will fill orders, especially for women’s clothing. She continues to work and will save up to be able to continue supporting her household and conduct short term business.
View original language description ↓
La socia continua con su negocio de compra y venta de ropa. la socia desea invertir el credito en su negocio y comprar ropa para ello la socia viajara a la ciudad de Lima para traer ropa de estación y aprovechando las fiestas navideñas la socia traera a pedido prendas de vestir en especial para damas. la socia sigue trabjando y ahorrara para seguir apoyando en el hogar y hacer un negocio a plazo corto que aun esta en proceso. La socis soliciat el credito para invertir en la compra de ropa y viajar para traer ropa para damas.

Previous Loan Details

Andrea is 38 years old, in a common law marriage, and a native of the city of Cusco. She is a member of the Communal Bank “Ricchary Cusco”, which is part of Asociación Arariwa. Andrea has two daughters. Luisa is a 14 year old high school student. Fernanda is 4 years old and attends… More from Andrea Marisa'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
  • 75
    View loans »
    Peru Loans Fundraising
  • $53,936,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Andrea Marisa to buy clothing for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 4, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Andrea Marisa. It was first posted on Kiva on Dec, 2009. Learn More