Update on Ana MariaAna María's a hardworking and enterprising woman who gets her family ahead. She's 36 years old and has three children.
Ana María is grateful to the lenders for the loan and happy about the support. She still sells traditional food from the Cusco region in her small restaurant or food stall in one of the main markets in the city of Paucartambo. She has been working in this business for several years now and it's going very well for her thanks to the effort she puts into her job.
She needs this loan to buy ingredients such as rice, sugar, meat, vegetables, and other things.
Ana Maria agradece a los inversionistas por el préstamo y se siente contenta por el apoyo brindado, ella continua dedicándose a la venta de comida típica de la región del cusco, ella sigue teniendo su pequeño restaurante o puesto de venta en uno de los mercados principales de la ciudad de Paucartambo. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. En esta oportunidad requiere el préstamo para comprar insumos como por ejemplo arroz, azúcar, carne, verduras y otras cosas más.
Previous Loan DetailsAna Maria is a hardworking and entrepreneurial woman that gets her family ahead, she is 36 years old and has three children, she sells typical food from the region of Cusco, she has a small restaurant or sale stand in one of the main markets of the city of Paucartambo, she makes breakfast, lunch ... More from Ana Maria's previous loan »
More information about this 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
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Nov 13, 2013
- Dec 13, 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.