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Maria Edi

Update on Maria Edi

Maria Edi continues caring for an elderly woman and also continues to make sports clothing in her tailoring shop. She is a very enterprising woman and the business is going very well for her. Now she is seeking to invest all of her time making the sportswear, and to perhaps stop caring for the elderly woman. She has lots of dreams of growing and becoming prosperous. Right now she would like to invest the loan in the purchase of fabrics, closures, and thread among other items, so that she can continue to make the sports clothing in wholesale quantities.
View original language description ↓
La socia continua con el cuidado a una anciana y tambien continua con la fabricación de buzos en su taller de confección, la socia es una mujer muy emprendedora y le esta saliendo muy bien el negocio y ahora esta tratando de invertir todo su tiempo en la confeccion de buzoz asi que tal vez dejara de atender a la anciana, la socia tiene muchos sueños de crecer y ser prospera y en esta ocasion desea invertir el prestamo en la compra de telas, cierres, hilos entre otros para continuar fabricando buzos al por mayor.

Previous Loan Details

Maria Edi is 54 years old, married, and has three children. She was born in the city of Iberia in the province of Puerto Maldonado, and currently lives in the city of Cusco. Maria Edi is a hard-working and enterprising mother who is helping her family succeed. She owns a small tailoring shop c... More from Maria Edi'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

  • $12,000
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $61,996,325
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Maria Edi to invest the loan in the purchase of fabrics, closures, thread and other items in order to continue making sports clothing in wholesale quantities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 24, 2012
Feb 29, 2012
Currency Exchange Loss:
Jul 15, 2012