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Maribel

Update on Maribel

Maribel continues in her business of selling shoes and underwear, including polo shirts and hose. She sells her goods in the streets from 8:00 am until 6:00 pm. Through these transactions, she is able to advance her children.

Maribel's dream is to have her own shop where she can sell shoes and underwear, including polo shirts and hose. She is requesting this loan to buy shoes and underwear at wholesale. Maribel is happy about the loan and promises to comply with the repayment schedule.
View original language description ↓
La socia sigue en su negocio de venta de zapatos y ropa interior como polos y medias,la socia vende en forma ambulatoria desde las 8:00 a.m hasta las 6:00 p.m,por medio de estos negocios la socia saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender los zapatos y ropa interior como polos y medias.La socia solicita el préstamo para comprar zapatos y ropa interior al por mayor.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Maribel belongs to the “Solidaridad Cachimayo” cooperative bank, which is located in the Cachimayo district of the province of Chinceros. She is 33 years old and has a common-law husband and two children. She is requesting the loan to send her sister to Lima to buy more inventory of shoes and… 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
  • 32
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maribel to buy shoes and underwear at wholesale to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 16, 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 Jan, 2011. Learn More