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Maria Jesus

Update on Maria Jesus

María Jesús belongs to communal bank 'Virgen Asunta de Calca', from Calca province in Cusco, Peru. She is a primary school teacher who also sells cosmetics, both in direct sales and on request. She asks for this loan in order to buy cosmetics, make-up, and perfumes in order to take full advantage, commercially speaking, of the Christmas season. She is very grateful to Kiva lenders for their help with her business, which helps support her family and pay for household expenses.
View original language description ↓
La socia es la señora María Jesus, ella pertenece al banco comunal “Virgen Asunta de Calca” de la provincia de Calca del Cusco – Perú La señora María Jesus es docente de educación primaria y paralelamente continua dedicandose a la comercialización de productos de belleza en general, los cuales vende de forma directa y a solicitud de sus clientes. María Jesus está solicitando el préstamo para comprar cosméticos, maquillaje y perfumería en general para capitalizar su actividad económica complementaria ahora que estan en plena compaña navideña, María Jesus está muy agradecida con KIVA por ayudarla con el mantenimiento de su actividad económica la cual representan el sustento de su casa y su familia.

Previous Loan Details

The member continues to be in the sales of cosmetics. She sells lip pencils, creams, and perfumes. She also continues to work as a school teacher. The member sells her beauty products independently, and she has spent four years in this line of work. Her dream is to have a storefront where she... More from Maria Jesus'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
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Jesus to buy cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013