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Marisol July

Update on Marisol July

The member continues dedicating herself to her grocery store business, where she sells basic stables such as rice, sugar, milk and sweets. The member sells from 8 a.m. until 5 p.m. The member has spent 14 years running this business. Her dream is to expand her grocery store. The member is requesting a loan to purchase rice, sugar, milk and oil, wholesale.

The member is happy about the loan and is committed to making her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes,la socia vene productos de primera necesidad como arroz,azucar,leche y golosinas,la socia vende desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 14 años en este negocio de tienda de abarrotes,el sueño de la socia es ampliar el negocio de tienda de abarrotes.La socia solicita el credito para comprar arroz,azucar,leche y aceite al por mayor.

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

Previous Loan Details

Marisol July is 40 years old and lives with her partner. She has two daughters, one of whom lives separately from her and one who lives with her while she completes university. Marisol July is the owner of a small grocery store in which she sells soft drinks, beer, snacks, and household… More from Marisol July'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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Marisol July to buy rice, sugar, milk and oil wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012