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Marlitt

Update on Marlitt

She continues working occasionally organizing events and selling beauty products. She’s studying business administration and is doing very well. She works from 8am until 1pm and attends classes in the afternoon. Her dream is to open a marketing firm. She’s requesting the loan to pay her monthly tuition fees. She’s very grateful for the loan and commits to make her payments.
View original language description ↓
La socia sigue trabajando haciendo trabajos eventuales como organizacion de eventos,venta de productos de belleza,ella esta estudiando la carrera de administracion y le va muy bien,la socia trabaja desde las 8:00 hasta las 1:00 p.m y en las tardes la socia estudia,el sueño de la socia es abrir una empresa de marketing.La socia solicita el credito para pagar las mensualidades de la universidad.

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

Previous Loan Details

Marlitt continues to be a part of the “MINIBANK” communal bank of Asociación Arariwa. Marlitt is 23 years old and single. She lives in Cusco, within the Cusco department, where she does different types of jobs. She continues to study at the university in Cusco. Marlitt is a responsible and ... More from Marlitt'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
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marlitt to pay her monthly university tuition fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Marlitt. It was first posted on Kiva on Aug, 2012. Learn More