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Maria Isabel

Update on Maria Isabel

The borrower continues to dedicate herself to her grocery store business. She sells basic staple goods such as rice, sugar, milk and cookies. She works from 8:00 a.m until 7:00 p.m. She has 5 years of experience with this business, and it is going very well for her. Her dream is to expand her grocery store. She is requesting the loan to buy rice, sugar, milk and cookies.

She is happy about the loan and is committed to making her payments on schedule.
View original language description ↓
La socia se sigue dedicando al negocio de tienda de abarrotes,la socia vende productos de primera necesidad como arroz,azucar,leche y galletas,la socia trabaja desde las 8:00 a.m hasta las 7:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien,el sueño de la socia es ampliar el negoco de tienda de abarrotes.La socia solicita le credito para comprar arroz,azucar,leche y galletas.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Maria Isabel is a member of the “Vamos Juntos” communal bank, located in the district, province, and department of Cusco. She’s 30 years old, married, and has five children. She has a grocery store where she sells primary needs products, such as rice, sugar, cooking oil, milk and noodles. Sh... More from Maria Isabel'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
  • 97
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Maria Isabel to buy rice, sugar, milk and cookies to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014