Check out some available loans that are similar to this one!
Ana Maria

Update on Ana Maria

Ana Maria keeps on running her activity, buying and selling grains such as quinoa; she also keeps on selling pans by order as well as beauty products by catalogue. In this occasion she wants to invest a part of her loan in the wholesale purchase of grains such as quinoa, barley, tarwi (an Andean variety of lupine) and wheat to increase her sales of natural cereals; another part of her loan will be used to buy pans.
View original language description ↓
La socia continua con su negocio de compra y venta de granos, la socia continua comprando quinua, la socia tambien continua vendiendo ollas a pedido y tambien con sus ventas de productos de belleza por catalogo. La socia ene sta ocasion desea invertir su prestamo en la compra de granos ella desea comprar al por mayor quinua, cebada, tarwi, trigo para incrementar sus ventas de cereales naturales, la socia con otra parte invertira en la compra de ollas.

Previous Loan Details

Ana María is 38 years old and assumes the role of both mother and father to her son. She lives in the city of Cusco. Ana María begins her work at 6am at her business located on a strategic corner where many people pass through. Nearby are an interprovincial travel agency, an intermediate schoo... More from Ana Maria'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
  • $55,917,775
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ana Maria to buy pans and dry products such as tarwi, quinoa, barley and wheat.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012