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Luz Marina

Update on Luz Marina

Luz Marina continues with her grocery store selling basic staples like rice, sugar and milk, among others. She’s also a teacher at a private school in Cusco. She works Monday to Friday and this is how she supports her family. She requests the loan to buy rice and milk for the store.

The “Comuzone IV” communal bank meets monthly in the city of Cusco, Peru. Cusco is noted for being a very touristy, commercial zone and for its traditional Inti Raymi festival and also because one of the Seven Wonders of the World, Machupicchu, is located here.
View original language description ↓
Luz Marina continua con su negocio de tienda de abarrotes ella vende productos de primera necesidas como arroz,azucar,leche entre otros,la socia a la vez es docente de un colegio particular del Cusco,la socia trabaja de lunes a viernes siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el credito para la compra de arroz y leche pàra su negocio.

El Banco Comunal “Comuzone IV” se reúne cada treinta en la ciudad del Cusco (Perú). Cusco es conocido por ser una zona muy turística, comercial y por su fiesta tradicional del Inti Raymi y también porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

Previous Loan Details

Luz Marina was born in the Department of Cusco. Today, Luz Marina is 41 years old and married; the fruits of this union are her three children, aged 13, 9 and 1. Luz Marina lives in the same city where she was born, and this is where she works. She is a teacher, and works in a private school w... More from Luz 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

  • $12,000
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $58,907,975
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Luz Marina to buy rice and milk for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 3, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Luz Marina. It was first posted on Kiva on Sep, 2011. Learn More