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Marcelina

Update on Marcelina

She is a member of the “SAN MARTIN DE ZURITE,” located in the village of Zurite, within the Anta province and the Cusco department.

Marcelina continues to farm and raise livestock. She is a responsible and dedicated person who wants to continue to work this way and continue supporting her family. She raises her livestock and sells them at the various fairs.

She is asking for this loan to buy a cow.

She is grateful for this loan and is committed to pay her debt with discipline.
View original language description ↓
La socia pertenece al banco comunal “SAN MARTIN DE ZURITE”; Este banco está ubicado en el Poblado de Zurite, provincia de Anta y departamento de Cusco.
La Sra. Marcelina, continua dedicándose a la agricultura y ganaderia,la socia es una persona responsable y empeñosa, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia, la socia continua criando a su animalitos para luego venderlos en las distintas ferias que se realizan.
La socia solicito el crédito para la compra de una vaca.
La socia agradece el préstamo otorgado y se compromete a cumplir con el pago de sus deudas de forma disciplinada

Previous Loan Details

The borrower belongs to the “San Martin de Zurite" communal bank. This group is located in the village of Zurite, Anta province, in Cusco department. Marcelina is continuing to farm and raise livestock. She raises young animals to later sell them at the markets and to customers that ask her. She… More from Marcelina'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

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Marcelina to buy a cow.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014