Check out some available loans that are similar to this one!
Marisol

Update on Marisol

Marisol is a responsible and hard-working person who lives in the city of Paucartambo to the south of the enchanting city of Cusco. After doing her household tasks, she sells groceries, and therefore she now needs a loan to buy merchandise such as detergents, rice, sugar, bread, soft drinks, and other items. She continues belonging to the communal bank "San Martincito" of the Arariwa Association of the city of Paucartambo.
View original language description ↓
Marisol es una persona responsable y trabajadora que vive en la ciudad de Paucartambo al sur de la encantadora ciudad del Cusco, ella después de hacer sus actividades del hogar se dedica a la venta de comestibles por lo tanto ella en esta oportunidad requiere el préstamo para comprar mercadería como por ejemplo detergentes, arroz, azúcar, pan, gaseosas y otras cosas, ella sigue perteneciendo al banco Comunal “San Martincito” de la Asociación Arariwa de la ciudad de Paucartambo.

Previous Loan Details

Marisol is a native of the city of Paucartambo and lives with her family there. She is 32 years old, married and as fruit of this beautiful relationship has four children. She belongs to the “San Martincito” communal bank of the Asociación Arariwa in Paucartambo. Marisol Continues selling grocer... More from Marisol's previous loan »

Additional Information

More information about this loan


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
  • 102
    View loans »
    Peru Loans Fundraising
  • $57,342,125
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Marisol to buy merchandise such as detergents, rice, sugar, bread, soft drinks, and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 17, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014