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Luz Marina

Update on Luz Marina

The member is still working in the business of breeding animals such as guinea pigs, chickens and sheep. The member raises and fattens them for later sale at the different markets that exist in the district of Cachimayo. She works from 8:00am until 4:00pm and through this work she brings up her son. Her dream is to expand the business of raising animals. The member is asking for a loan in order to buy animals and animal feed.

The member is happy for the loan and she promises to make her payments according to plan.
View original language description ↓
La socia se sigue dedicando al negocio de crianza de animales como cuyes,gallinas y ovejas,la socia los hace crecer y engordar y luego los vende en las diferentes ferias que existe en el distrito de Cachimayo,la socia tarbaja desde las 8:00 a.m ahsta las 4:00 p.m,por medio de este negocio la socia saca adelante a su hijo,el sueño de la socia es ampliar el negocio de crianza de animales.La socia solicita el préstamo para comprar animales y alimentos para los animales.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

The member belongs to the Solidaridad-Cachimayo communal bank, located in the district of Cachimayo, in the province of Urubamba, department of Cusco. Luz Marina, 31, has a live-in partner and a 9-year-old son, and works as a retail merchant. She works with small animals and cattle, and also ... More from Luz Marina'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

  • $12,000
    Average annual income
  • 130
    View loans »
    Peru Loans Fundraising
  • $58,906,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Luz Marina to buy animals and feed for the animals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 29, 2011
Jan 16, 2012
Currency Exchange Loss:
May 15, 2012
This photo was used before for a previous loan for Luz Marina. It was first posted on Kiva on Sep, 2011. Learn More