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Maruja

Update on Maruja

Maruja is a member of the Señor de Coyllorty de Qollana communal bank. She still makes a living by selling food; she has a restaurant where she prepares breakfasts, lunches, and dinners. Maruja has run this business for years now, and it is going well thanks to her hard work every day. She would like to continue working in order to continue supporting her family.

Maruja is requesting a loan in order to purchase supplies such as rice, oil, and meats, among other things.

Maruja is grateful for the previous loan, and is committed to making her established repayments.
View original language description ↓
La socia Maruja pertenece al banco comunal SEÑOR DE COYLLORYTY DE QOLLANA,la socia continua dedicándose al negocio de venta de comida, la socia tiene su restaurante donde prepara desayunos, almuerzo y cenas ,la socia lleva años con su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.

La socia solicita el crédito para la compra de insumos como arroz, aceite, carnes entre otros.

La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Maruja, 42, was born in the city of Quillabamba, but she lives in the city of Cusco. She is in a common-law marriage, from which she has two children. She is a hardworking and responsible woman who makes a living selling food in a small restaurant, where she prepares breakfast, lunch, and din... More from Maruja'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

  • $6,715
    Average annual income
  • 89
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Maruja to purchase supplies such as rice, oil, and meat, among other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Maruja. It was first posted on Kiva on Mar, 2013. Learn More