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Maria Margarita

Update on Maria Margarita

María 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.
View original language description ↓
María es una mujer de 27 años de edad, es una mujer casada y tiene 2 hijos como carga familiar.Vive en el Anexo San Miguel del Caserío Cruz del Médano, ubicado a 20 minutos de la ciudad de Mórrope.
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 Details

Maria 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 »

Additional Information

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
  • 50
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Maria Margarita to invest in purchasing feed and animals, and also to purchase fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Maria Margarita. It was first posted on Kiva on Apr, 2011. Learn More