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Maria Elena

Update on Maria Elena

She continues working as an attorney. She has an office where she offers services for her customers. She works nine to five and has 13 years’ experience in this occupation. She supports her children by means of this work and her dream is that they become professionals and complete their education. She requests the loan to buy a desk to furnish her law office. She’s grateful for the granted loan and commits to make her payments.
View original language description ↓
La socia se sigue dedicando al trabajo como abogada,ella tiene un consultorio donde presta servicios a sus clientes,la socia trabaja desde las 9:00 a.m hasta las 5:00 p.m,la socia ya tiene 13 años en este trbajo y por medio de este trabajo la socia saca adelante a sus hijos y su sueño es que ellos sean profesionales y terminen de estudiar.La socia solicita el credito para comprar un escritorio para implementar su consultorio de abogada.

La socia esta agradeciada con el credito otorgado y se comprete a pagar con las cuotas.

Previous Loan Details

Maria Elena was born in Cusco department. She is 40 years old, married, and has three children from her marriage. Maria Elena is a lawyer. She has been working in her profession for 13 years and is doing very well. On this occasion, she needs a loan to equip her office. Her dream is to see... More from Maria Elena'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
  • 84
    View loans »
    Peru Loans Fundraising
  • $63,759,475
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Maria Elena to buy a desk for her office.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 3, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Maria Elena. It was first posted on Kiva on Sep, 2011. Learn More