Update on MarleniMarleni's a member of the “Señor de los Milagros de Chimpahuaylla” communal bank in the city of Cusco, Peru. She continues in the grocery selling business. She sells various types of products like rice, sugar, milk, snacks, eggs and oil, among others. She’s been in this business for years and does well thanks to the effort she puts into it every day. She wants to be able to continue working to support her family this way. She requests the loan to buy merchandise like soft-drinks and rice. Marleni is very grateful to KIVA for making it possible for her to provide better quality of life for her family and helping her to keep and develop her economic activities.
La socia continua dedicandose al negocio de tienda de abarrotes,la socia vende diferentes tipos de productos como arroz,azucar,leche,golosinas,gaseosas,huevos,aceite entre otros,la socia lleva años en este su negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia desea poder seguir trabajando para de esta forma poder seguir apoyando a su familia.
La socia solicita el credito para la compra de mercaderia como gaseosas y arroz.
La socia Marleni está agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y ayudarla a mantener y desarrollarse en sus actividades económicas.
Previous Loan DetailsMarleni is a member of the “Señor de los Milagros de Chimpahuaylla” communal bank in the city of Cusco, Perú. She continues working selling basic staple items in her grocery store and also sells building supplies like sand, plaster, roofing tiles and bricks. Marleni has been doing this for some... More from Marleni'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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Success!! The loan was 100% repaid