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Maribel

Update on Maribel

She continues working selling ‘salchipapas’ which is a dish based on sausages and potatoes and ‘ceviche’ which is a dish based on fish with lemon. She sells the ceviche in the morning and the salchipapas in the evening. She’s been in this business for five years and does very well. Her dream is to open a restaurant. She requests the loan to buy fish and lemon as well as to buy sausages and potatoes. She’s happy about the loan and commits to make her installment payments.
View original language description ↓
La socia solicita se sigue dedicando al negocio de venta de salchipapas que es un plato a base de salchichas con papas y ceviche que es un plato a base de pescado con limon,la socia el ceviche vende en las mañanas y en las noches vende las salchipapas,la socia se dedica a este negocio 5 años y le va muy bien,el sueño de la socia es tener un restaurant.La socia solicita le credito para comprar pescado y limon y tambien para comprar salchichas y papas.

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

Previous Loan Details

Maribel is 32, lives with her partner, and has two children. She continues to have her business selling salchipapas (sliced fried sausage and potatoes), and ceviche (fish marinated in citrus juice). She has a cart which she uses to sell these dishes in the street. She works from 8:00am to 9:0... More from Maribel'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
  • 99
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Maribel to buy fish and lemons and also to buy sausages and potatoes.
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:
May 17, 2013