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Avelina Margot

Update on Avelina Margot

Avelina Margot is a member of the community bank Comuzone I. She continues with her business selling beauty products like creams, colognes and perfumes, to name a few. She works independently and on request for her friends and customers. She has been in this business for a good while, which has gone well for her thanks to the effort that she puts into it every day. She is a responsible and hard-working person, knowing that this is how she will get her family ahead in life.

She is requesting a loan to buy merchandise such as perfumes and colognes for her business.

Avelina Margot is appreciative for the granted loan, and promises to comply with her established payment plan.
View original language description ↓
La socia pertenece al banco comunal COMUZONE I ,la socia continua con su negocio de venta de productos de belleza como cremas,colonias,pefumes,entre otros,la socia trabaja de forma independiente y a pedido a quienes le solicitan como amistades y clientes,la socia lleva buen tiempo en este su negocio el cual le va bien gracias al empeño que le pone cada dia 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 mercaderia como perfumes y colonias para su negocio.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Avelina Margot has been selling accessories and beauty products to friends and neighbors for the last 7 or 8 years. She is 45 years old and married with two children. A loan will help Avelina Margot invest in more beauty products, as well as shoes and purses. She says that her dream is to have he... More from Avelina Margot'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

  • $12,000
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,090,825
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Avelina Margot to buy merchandise, such as perfumes and colognes, for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 1, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Avelina Margot. It was first posted on Kiva on Apr, 2012. Learn More