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Update on Marcelina

Marcelina belongs to Asociación Arariwa’s “Ricchariy Puririsun” communal bank. She lives in the city of Oropesa in Cusco Province. She’s 45-years-old, and has three children all of whom are independent.

Marcelina makes and sells “Chutas” [traditional large bread rolls typical of Oropesa and Cusco]. On this occasion, she needs the loan to buy materials and supplies like sacks of flour, sacks of sugar and yeast, for example.
View original language description ↓
Marcelina pertenece al banco comunal “RICCHARIY PURIRISUN” de la Asociación Arariwa, ella vive en la ciudad de Oropesa provincia del Cusco, ella tiene 45 años de edad y tiene tres hijos de las cuales todos son independientes.

Marcelina se sigue dedicándose a la panadería y elabora panes “Chuta” que son panes tradicionales de la ciudad de Oropesa y Cusco.

En esta oportunidad Marcelina requiere el préstamo para comprar insumos como por ejemplo sacos de harina, sacos de azúcar y levadura.

Previous Loan Details

Marcelina lives in the city of Oropesa, province of Cusco, Peru. She is 44 years old and has three children, all grown up. Marcelina makes a living with her bakery, making the "Chuta" bread that is traditional in the cities of Oropesa and Cusco. Marcelina, along with her brother Victor, opened th... More from Marcelina'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
  • 82
    View loans »
    Peru Loans Fundraising
  • $63,818,750
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Marcelina purchase supplies and ingredients, such as flour and yeast.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 4, 2012
Sep 13, 2012
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Marcelina. It was first posted on Kiva on Feb, 2011. Learn More