Update on MeriyMeriy was born in the city of Cusco, and she now lives in the city of Anta, in the province of Cusco. She is 26 years old, and has a son with her partner. She makes a living raising small animals, such as guinea pigs and chickens, and is requesting this loan in order to purchase more guinea pigs and chickens.
She belongs to the community bank, “Virgen Inmaculada Concepción de Anta” (Virgin of the Immaculate Conception of Anta), which is part of the Arariwa Association in the province of Cusco.
La socia pertenece al banco comunal “Virgen Inmaculada Concepción de Anta” de la Asociación Arariwa de la provincia del Cusco.
Previous Loan DetailsMeriy is a member of the “VIRGEN INMACULADA CONCEPCION-ANTA”; communal bank, located in the Anita district and province, in the Cusco department. She is 25 years old, married, has one son, and raises livestock like Guinea pigs, chickens, and hogs. She also works as a teacher in the Anta… More from Meriy's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid