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Update on Marisol

Member Marisol belongs to the "Senor of the Earthquakes II" communal bank in the city of Cusco, Peru. She is the young mother of a family and is very hard-working. Marisol continues to dedicate her time to selling products of primary necessity in her grocery store. On this occasion, Marisol is requesting a loan to buy merchandise such as rice, sugar, beans, cooking oil, etc., to restock her store.

Member Marisol has worked for some years in this activity, which allows her to sustain her family and educate her children. And for this she is very grateful to Kiva for permiting her to strengthen her business.
View original language description ↓
La socia es la señora Marisol, ella pertenece al banco “Señor de los Temblores II” de la ciudad del Cusco – Perú. La socia es una joven madre de familia muy trabajadora, ella continua dedicándose a la venta de productos de primera necesidad en su tienda de abarrotes, Marisol en esta oportunidad está solicitando el préstamo para comprar mercadería como arroz, azúcar, fideos, aceite etc. para capitalizar su tienda, La socia Marisol trabaja hace algunos años en esta su actividad, la cual le permite llevar el sustento a su familia y educar a sus hijos, y por ello la socia está muy agradecida con KIVA por permitirle fortalecer su comercio.

Previous Loan Details

Marisol was born in the town of Cusco, Peru; she is 30 years old, she lives with her life partner and she has 2 young children. She sells groceries, an activity she has set up in her house. In this occasion Marisol needs a loan to stock up her inventory by purchasing products for her shop. Ma... More from Marisol'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
  • 81
    View loans »
    Peru Loans Fundraising
  • $63,829,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Marisol to buy rice, sugar, beans, cooking oil, etc., to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 2, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Marisol. It was first posted on Kiva on May, 2012. Learn More