Check out other loans that are currently fundraising!
Maria Ramosa

Update on Maria Ramosa

Maria keeps on running her Kindergarten, working form 8 am to 1 pm. She has been engaging in this activity for 8 years, and things are going very well. She dreams of improving her Kindergarten, and she is requesting a loan to buy items such as colored pencils and markers.

She is happy about the loan and she commits to complying with the repayment of her dues.
View original language description ↓
La socia se sigue dedicando al negocio de jardin,la socia trabaja desde las 8:00 a.m hasta las 1:00 p.m,la socia ya tiene 8 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negocio de jardin.La socia solicita el credito para comprar materiales como colores y plumones.

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

Previous Loan Details

Maria is still running her kindergarten. She owns it and works there with her family from 8:00 am to 1:00 pm. Through this business, she is getting her children ahead. She wants to expand and improve her kindergarten, so she is requesting this loan to buy school supplies such as papers, cards, co... More from Maria Ramosa'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
  • 102
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $100 helped Maria Ramosa to buy colored pencils and markers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013