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Maribel

Update on Maribel

This member continues working for a transport company. She works from 8.00am to 6.00pm and, through this work, she provides for her son. The member's dream is to improve in her work. She is requesting this loan to buy products for her home such as rice, sugar and milk.

The member is grateful for the loan and pledges to make her repayments on time.
View original language description ↓
La socia sigue trabajando en un empresa de encomiendas de transporte,la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este trabajo la socia saca adelante a su hijo,el sueño de la socia es mejorar en su trabajo.La socia solicita el préstamo para comprar productos para su casa como arroz,azucar y leche.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

The “El Molinito II” (The Little Mill II) communal bank meets every thirty days in the city of Cusco (Perú). Cusco is known for its tourism, commerce and for its traditional, Inti Raymi, festival and because one of the Seven Wonders of the World, Machupicchu, is found there. Maribel was bor... More from Maribel'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
  • 126
    View loans »
    Peru Loans Fundraising
  • $56,132,500
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Maribel to buy products for her home such as rice, sugar and milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 15, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012
This photo was used before for a previous loan for Maribel. It was first posted on Kiva on Aug, 2011. Learn More