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Marina

Update on Marina

Marina is still in the agriculture business, she has a plot where she grows corn, potato and wheat, she also raises small animals like chickens and guinea pigs, she sells both her animals and the products of her harvest in the different fairs [around the place she lives]. She works from 8:00 am to 5:00 pm.
Marina's dream is to have a shop where she can sell her animals and her produce, things like potatoes, corn and wheat.
Maria requests a loan to buy seeds and fertilizer and to buy food for the animals. She is very happy because of her loan [has been granted] and she makes herself responsible to pay her loan installments promptly.
View original language description ↓
La socia se sigue dedicando al negocio de agricultura,ella tiene un terreno de cultivo donde siembra maiz,papa y trigo,la socia tambien se dedica al negocio de crianza de animales como gallinas y cuyes,la socia tanto los animales como los productos agricolas lo vende en las diferentes ferias,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,el sueño de la socia es tener un local donde pueda vender los animales y los productos como papa,maiz y trigo.La socia solicita el credito para comprar semillas y abonos y tambien para comprar alimentos para los animales.

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

Previous Loan Details

Marina C. B. is a member of the village bank, “San Martin De Zurite." This bank is located in the village of Zurite in the Anta province of the department of Cusco. Marina is a 76-year-old widow. She has four children and nine grandchildren and she tells us that her children are already… More from Marina'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
  • 32
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marina to buy seeds and fertilizer, also to buy food for the animals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Marina. It was first posted on Kiva on Apr, 2011. Learn More