Update on MarcelinaThe member belongs to the communal bank "SAN MARTIN DE ZURITE", which is in the town of Zurite in Anta Province, in Cusco Department.
Marcelina is still involved in farming and raising livestock, such as cows that she sells at the markets and to individual customers who place orders. She also makes and sells cheese. Having been in business for several years, thanks to her hard work, business is going well. She is a responsible, hard-working person who provides for her family.
The member is requesting a loan to buy animal feed such as fodder and oats.
She values and is grateful for the loan and committed to paying it back on time.
La Sra. Marcelina, continua dedicandose a la agricultura y la ganadería ,la socia tiene vacas las cuales cria para luego venderlas en las ferias y clientes que le solicitan,a la vez la socia elabora quesos para venderlos de igual forma,la socia lleva años ejerciendo estas actividades las cuales le va bien gracias al empeño que le pone a su negocio,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de alimentos para sus vacas como forraje y avena.
La socia valora y agradece el préstamo otorgado y se compromete a cumplir con el pago de sus deudas de forma disciplinada.
Previous Loan DetailsMarcelina is a member of the “SAN MARTIN DE ZURITE” community bank which is located in the town of Zurite, in Anta province, in Cusco department. Marcelina is 44 years old, married, and has four children. One of her children lives independently while the others are 20, 18 and 17 years old. M... More from Marcelina's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Aug 17, 2012
- Sep 22, 2012
- Currency Exchange Loss:
- Jan 15, 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.