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Mariela

Update on Mariela

Mariela continues with her business selling natural health products. She sells independently to whoever requests them like acquaintances and customers. She’s been in business for a good length of time and she does well thanks to the effort she puts into it every day. Every so often she travels to Quillabamba to sell her merchandise. She’s a responsible, dedicated person who supports her family this way. She requests the loan to buy more natural products for her business. She is grateful for the granted loan and commits to make her installment payments as scheduled.
View original language description ↓
La señora Mariela continua dedicandose al negocio de venta de productos naturales para la salud,la socia vende de forma independiente a quienes le solicitan como amistades y clientes,la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada dia,la socia cada cierto tiempo viaja a Quillabamba para vender su mercaderia,la socia es una persona responsable y empeñosa siendo de esta manera que la socia saca adelante a su familia.

La socia solicita el credito para la compra de mas productos naturales para su negocio.

La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

The member belongs to the San Rafael Community Bank located in the district of Cusco, province and department of Cusco. Her name is Mariela. She is 35 years old and married. Mariela alternates her activities between selling natural health products independently and working as a psychologist. Th... More from Mariela'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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mariela to buy more natural products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013