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Maria Concepcion

Update on Maria Concepcion

Concepción is a hardworking and enterprising woman who works selling traditional dishes from her region, including chicken soup, fried steak, fried fish, and others.

She is requesting this loan to purchase supplies, including oil, meat, sacks of rice, sacks of sugar, vegetables, cans of milk, bags of pasta, and bottles of oil.
View original language description ↓
Concepción es una mujer trabajadora y emprendedora que se dedica a la venta de platos típicos de la región como por ejemplo caldo de gallina, malaya frita, pescado frito y otros. En esta oportunidad requiere el préstamo para comprar insumos como por ejemplo aceite, carne, sacos de arroz, sacos de azúcar, verduras, latas de leche, bolsas de fideos y botellas de aceite.

Previous Loan Details

Concepción is grateful to the lenders for the loan and she feels very glad to have the support. She continues working in her small restaurant where she sells traditional regional dishes like chicken soup, fried steak, fried fish, and more. At this time, she needs the loan to buy ingredients like,... More from Maria Concepcion'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
  • 105
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Maria Concepcion to purchase supplies, including oil, meat, sacks of rice, sacks of sugar, vegetables, cans of milk, bags of pasta, and bottles of oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Apr 19, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014