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Update on Martha

On top of continuing teaching in a high school, Martha keeps on running her crafts sales activity, selling articles such as sweaters, polo shirts, hats and gloves. She has been engaged in this retailing activity for 6 years, and she dreams of expanding her craft selling activity. She is requesting a loan to buy crafts such as polo shirts, sweaters, gloves and hats.

She is happy about the loan and she commits to complying with the repayment of her dues.
View original language description ↓
La socia se sigue dedicando al trabajo como profesora,ella enseña el nivel secundario y tambien la socia se sigue dedicando al negocio de venta de artesania como chompas,polos,sombreros y guantes,la socia ya tiene 6 años en este negocio,el sueño de la socia es ampliar el negocio de venta de artesania.La socia solicirta el credito para comprar artesania como polos,chompas,guantes y sombreros.

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

Previous Loan Details

Martha was born in the city of Calca in the Sacred Valley of the Incas northeast of the city of Cusco. She is 56 years old, married and has three children. She balances her household duties with her job teaching high school at one of the best schools in Calca. She has been in the profession for 3... More from Martha'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
  • 40
    View loans »
    Peru Loans Fundraising
  • $64,381,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Martha to buy polo shirts, sweaters, gloves and hats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 14, 2012
Sep 11, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Martha. It was first posted on Kiva on Dec, 2011. Learn More