Update on Maribel CirilaShe’s a member of the “Unión, Fuerza y Amistad” (Unity, Strength and Friendship) communal bank and continues with her business selling ‘anticuchos’ [grilled meat snacks]. She’s been in this business for years and does well thanks to the effort she puts into her business every day. She sells heart and meat anticuchos; it’s a family business because she continues working with her father and sister. She’s a responsible, dedicated woman who supports her family this way. She’s requesting the loan to buy ingredients like meat and to pay some personal costs. She’s grateful for the granted loan and commits to make her scheduled payments.
La socia solicita el crédito para la compra de insumos para su negocio como carne y para algunos gastos personales.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsMaribel, 51, is a member of the “UNION, FUERZA Y AMISTAD” (Unity, Strength & Friendship) communal bank located in Cusco district which belongs to Cusco province, Cusco department. She is married and has two children. She has an anticuchos sales business. She sells meat and heart anticuchos, a... More from Maribel Cirila'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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