Update on Maria AnitaMaría Anita, 33, is a mother living with her husband and three children in a settlement in the agricultural district of Tambogrande in northern Peru. She sells beer and soft-drinks in a locale she set up at home. Her main customers are people who live in her settlement. She also has barnyard fowl she sells once they reach ideal weight. Income from these activities is used to support her family’s economy.
She wants to expand the business acquiring more beverages and she also believes that there is great potential in consolidating her barnyard fowl business. Therefore, María Anita is asking Edpyme Alternativa for a loan with Kiva’s help to buy more beverages and animal feed. María Anita took out a previous loan with this institution and was very punctual in addition to its helping her business enormously.
Previous Loan DetailsMaria Anita is a mom, she is 32 years old and she lives together with her husband and their three children in an agricultural community in Tambogrande. It is a region located in the province of Piura, more than three and a half hours from the city of Chiclayo. She sells beer and soft drinks fro... More from Maria Anita'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
- May 26, 2012
- Jun 26, 2012
- Currency Exchange Loss:
- Jul 19, 2013
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.