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Update on Mario

Mario belongs to the "SOLIDARIDAD TAMBO REAL" communal bank. He continues to work raising livestock. He has been raising livestock for years and things are going well for him thanks to the determination he brings to his work each day. He wants to continue to work in this manner to continue to support his family. He is requesting a loan to buy a cow. He is happy with the loan and promises to comply with the payments of his installments.
View original language description ↓
El socio pertenece al banco comunal SOLIDARIDAD TAMBO REAL, él socio continua dedicándose a la ganaderia,el socio lleva años de dedicándose al negocio de ganadearía el cual le va bien gracias al empeño que le pone cada día a su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, él socio desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
El socio solicita el crédito para la compra de una vaca.

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

Previous Loan Details

Mario makes a living raising cattle for resale in various markets. He has been working in this arena for eight years, and business is going very well. His dream is to grow and expand his cattle operation, and he plans to use the support from this loan to purchase cattle as well as feed for his he... More from Mario'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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Mario to buy a cow.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 11, 2014
Aug 1, 2014
Currency Exchange Loss:
Feb 21, 2015
This photo was used before for a previous loan for Mario. It was first posted on Kiva on Mar, 2013. Learn More