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Marcelina

Update on Marcelina

Marcelina continues in the “Siempre Juntos” (Always Together) communal bank and working as an assistant in a veterinary clinic. She’s a responsible, kind person who gets ahead. She’s requesting the loan to buy working materials, that is, injectables, feed, vitamins and others. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
Marcelina continúa en el banco comunal “Siempre Juntos” y trabajando como asistente en una veterinaria. Ella es una persona responsable y amable que sale adelante. Solicita el préstamo para comprar materiales de trabajo ósea va comprar inyectables, alimento, vitaminas y otras cosas más. Está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Marcelina is a member of the “SIEMPRE JUNTOS” [“Always Together”] communal bank. The bank is located in the district of Cusco, which is part of the province and department of Cusco. Marcelina is 33 years old and single. She alternates her daily activities with her job as a veterinarian’s… More from Marcelina'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
  • 79
    View loans »
    Peru Loans Fundraising
  • $53,929,875
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Marcelina to buy injectables, feed, vitamins and others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013