Check out some available loans that are similar to this one!
Maria Salome

Update on Maria Salome

Mrs. Maria Salome is part of the "Nueva Luz del Mañana" communal bank. She still has her small grocery store in which she sells different types of products, such as rice, sugar, milk, candy and soft drinks, among others. She has been working in her business for a while now and it is successful because of her hard work every day, as this is how she helps her family get ahead.

The borrower is requesting this loan in order to buy soft drinks for her business. She is very grateful for the opportunity she has been given and promises to make her payments in accordance with the loan schedule.
View original language description ↓
La señora Maria Salome, pertenece al Banco Comunal “NUEVA LUZ DEL MAÑANA”,la socia continua con su negocio de tienda de abarrotes,la socia vende diferentes tipos de productos como arroz,azucar,leche,golosinas,gaseosas entre otros,la socia lleva buen tiempo en este negocico el cual le va bien gracias al empeño que le pone cada dia a su negocio,siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el credito para la compra de gaseosas para su negocio.

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

Maria Salome belongs to the "Nueva Luz del Mañana" communal bank, of the Asociación Arawiwa in Cusco province, Cusco department. She is 67, and single. All her children are living on their own. The borrower has a small grocery store. She is responsible for running her grocery store, and servin... More from Maria Salome'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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    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 Salome to buy soft drinks for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Maria Salome. It was first posted on Kiva on Dec, 2011. Learn More