Update on MarthaMartha is still in the business of selling chicha, which is a beverage made from corn. She has been in this line of work for several years and does very well. Her dream is to expand her chicha sales business. The member requests the loan in order to purchase corn for making chicha.
She's happy with the previous loan and she pledges to make her repayments.
La socia esta contenta con el credito anterior y se compromete a cumplr con los pagos de su cuota.
Previous Loan DetailsMartha, 46, is married and has two children. She works selling chicha, a beverage made from corn. She sells chicha at home from 8am until 6pm. She’s been in business ten years and does very well. Her dream is to be able to have a locale to sell the chicha in. She requests the loan to buy corn… More from Martha's previous loan »
Important InformationAbout 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
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Sep 27, 2013
- Oct 19, 2013
- Currency Exchange Loss:
- Apr 16, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.