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Marina

Update on Marina

This borrower continues to engage in agriculture. She has been in this line of work for years and is doing well thanks to the effort she puts into her business each day. The borrower grows potatoes, corn, and other crops. She also continues to raise small animals, such as guinea pigs and chickens. Working in this manner, enables her to help her family move forward.


The borrower is requesting a loan so that she can buy seeds and fertilizers for her farm.

View original language description ↓
La socia continua dedicandose a la agricultura ,la socia lleva años dedicandose a esta actividad la cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia siembra lo que son papa,maiz entre otros, a la vez la socia continua dedicandose a la crianza de animales menores como cuyes y gallinas siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para comprar semillas y fertilizantes para su chacra.

Previous Loan Details

Marina is still in the agriculture business, she has a plot where she grows corn, potato and wheat, she also raises small animals like chickens and guinea pigs, she sells both her animals and the products of her harvest in the different fairs [around the place she lives]. She works from 8:00 am t... More from 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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Marina to buy seeds and fertilizers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013