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Maria De Los Angeles

Update on Maria De Los Angeles

Maria continues to make a living by selling cosmetics. She sells creams, lipstick, and perfume. She sells these products independently, bringing them to different places, such as to her friends. She has dedicated two years to this business and it is going very well.

Her dream is to have a store where she can sell cosmetics. She has applied for this loan to buy creams, lipstick, and perfume.

She is grateful for this opportunity which has been offered to her, and she is committed to complying with the corresponding payments on schedule.
View original language description ↓
La socia se sigue dedicando al negocio de venta de cosmeticos,la socia vende cremas,lapiz labiales y perfumes,la socia vende en forma independiente levanod a diferentes lugares como amigos,la socia ya se dedica al negocio 2 años y le va muy bien,el sueño de la socia es tener una tienda donde pueda vender los cosmeticos.La socia solicita el credito para comprar cremas,lapiz labiales y perfumes.

La socia se encuentra agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

Previous Loan Details

The member Maria De Los Angeles is 20 years old and lives with her partner. Together they have a little girl, Alexandra, who is two years old. Maria De Los Angeles belongs to the communal bank “Mi Perú” (My Perú), a part of Asociación Arariwa. She is a native of Cusco and lives in the same cit... More from Maria De Los Angeles'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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria De Los Angeles to buy creams, lipstick and perfume.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Maria De Los Angeles. It was first posted on Kiva on Aug, 2012. Learn More