Update on Mery AnselmaThe member is Mery Anselma. She continues in her business buying and selling sweets like lollipops, hard candies, chocolate and cookies, as well as sodas, yogurt and snacks among other things. In this occasion, she is requesting the loan to invest in merchandise to stock her business and to continue growing and supporting the family.
La socia es la Sra. Mery Anselma; continua con su negocio de compra y venta de golosinas, tales como chupetes, caramelos, chocolates y galletas, gaseosas, yogurth, snacks entre otros, la socia en esta ocasión desea el credito para invertir en la compra de mercaderia para implementar su negocio y poder seguir creciendo y apoyar a la familia.
Previous Loan DetailsThis member belongs to the communal bank “QORIMANCACHA”. The bank is located in the district of Cusco, which belongs to the province of Cusco and the department of Cusco. This is Mery Anselma; she is 45 years old and single. She alternates her daily activities with her business selling candy... More from Mery Anselma'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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