Update on Maria MargaritaMaría is a 27 year old woman. She is married and has two dependent children. She lives in Anexo San Miguel, in Caserío Cruz del Médano, which is 20 minutes away fron the city of Mórrope.
The activity María performs is raising and selling animals, which she sells bi-weekly. She raises her animals in farmyards located outside her residence. She feeds them rice powder and natural grasses. María also sells ice, flavored ice, and frozen juice-bags from home, as well as fish. She has received a good response from the public comprising her customer base. Her husband works as a laborer in a rice mill, which contributes to their family income.
The loan amount requested is 2500 nuevos soles, which will be put towards investing in the purchase of animals and their respective feeds, and also in the purchase of fish for sale, which will expand her business. This way she will generate more income, which will allow María to improve her quality of life.
La actividad que realiza María es la crianza y venta de animales, los cuales negocia quincenalmente. Ella cría sus animales en corrales ubicados en la parte exterior de su domicilio, los alimenta con polvillo y pastos naturales. María también se dedica a las ventas de hielo, marcianos y bodoques en su domicilio, así como pescado. Cuenta con buena acogida del público que es parte de su clientela. Su esposo se dedica a trabajar como jornalero en un molino de arroz, lo cual le apoya en la canasta familiar.
El monto del crédito solicitado es de 2500 nuevos soles, los cuales serán destinados a invertirlos en la compra de animales y en sus respectivos alimentos, y también en compra de pescado para negociar y hacer crecer su negocio. De esta manera se generan más ingresos que permiten mejorar la calidad de vida de María.
Previous Loan DetailsMaria is 26 years old and married. She lives in her own home together with her spouse and 2 young children in a small village located 20 minutes from the city of Mórrope, a district populated by humble and hardworking farmers. It is located in the province of Lambayeque, more than 40 minutes from… More from Maria Margarita's previous loan »
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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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Mar 21, 2012
- Apr 27, 2012
- Currency Exchange Loss:
- Dec 15, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.