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Maria  Antonieta

Update on Maria Antonieta

This member continues to work at her grocery store but she had to close her folk-art store, as the business did not go well. The folk-art was priced too high. This member sells basic grocery items such as rice, sugar, milk and cookies. She works from 8:00am until 10pm. Her dream is to expand her grocery store. She is asking for this loan in order to buy rice, sugar, milk and cookies. This member is happy for the opportunity to have this loan and promises to pay her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes pero el negocio de artesania lo cerro porque no le fue muy bien en este negocio porque la artesania esta a precios altos,la socia vende productos de primera necesidad como arroz,azucar,leche y galletas,la socia vende desde las 8:00 a.m hasta las 10:00 p.m,el sueño de la socia es ampliar el negocio de tienda de abarrotes.La socia solicita el credito para comprar arroz,azucar,leche y galletas.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Maria Antonieta is a member of the 'Valle Sagrado A' (Sacred Valley A) community bank which is located in Cusco district, in Cusco province and department. Maria Antonieta is 37 years old, lives with her partner, and has two children. She divides her time between her daily activities, her gro... More from Maria Antonieta'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
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Antonieta to buy rice, sugar, milk and cookies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Maria Antonieta. It was first posted on Kiva on Mar, 2012. Learn More