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Luz Marina

Update on Luz Marina

Luz Marina is still with the “Señor del Calvario” communal bank, and still has her milling business. She has her own mill at home and also has fields where she continues to grow wheat and corn, among other produce.

This time, she wants to invest the loan to buy seeds for wheat, corn, quinoa and other produce.

Luz Marina is grateful for the loan and is committed to making her payments according to the payment schedule.
View original language description ↓
Luz Marina continúa en el banco comunal “Señor del Calvario” y con el negocio de la molinera, ella tiene una molinera en su domicilio y también continua con sus terrenos de cultivo de trigo, maíz, entre otros productos. En esta ocasión desea invertir el crédito para comprar semillas como trigo, maíz, quinua y otros productos.
Luz Marina agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

Previous Loan Details

Luz Marina, 55, belongs to the “Señor del Calvario” communal bank which is located in Calca District, Cusco Province and Department. She is married and has five children three of which are independent and two who are 20 and 18 years old. She has her own mill at home and she also has fields wh... More from Luz Marina'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
  • 130
    View loans »
    Peru Loans Fundraising
  • $58,907,975
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Luz Marina to buy seeds for wheat, corn, quinoa and other produce.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Jan 1, 2013
Currency Exchange Loss:
May 17, 2013