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Edy Marleny

Update on Edy Marleny

She continues selling beer and also baking bread. She sells bread in the square from 8am until 5pm. Her dream is to have a locale in which to sell the bread. She requests the loan to buy flour, sugar, milk and eggs to make bread. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia se sigue dedicando al negocio de venta de cerveza y tambien se sigue dedicando a la elaboracion de panes,la socia vende panes en la plaza desde las 8:00 a.m hsta las 5:00 p.m,el sueño de la socia es tener un local donde pueda vender los panes.La socia solicita el credito para comprar harina,azucar,leche y huevos para preparar panes.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Eddy Marleny is a member of the 'Virgen Estrella de Oropesa' community bank which is located in Cusco district, in Cusco province and department. Eddy Marleny is 40 years old, lives with her partner, and has four children. She divides her time between her daily activities and her business sel... More from Edy Marleny'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
  • 51
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Edy Marleny to buy flour, sugar, milk and eggs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Edy Marleny. It was first posted on Kiva on Oct, 2011. Learn More