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Maria Ines

Update on Maria Ines

Maria Ines is a member of the communal bank “Los Lideres” in the city of Cusco, Peru. She is continuing with her business selling food and beverages in her restaurant. Maria Ines, like in previous loans, is asking to borrow in order to buy supplies for her restaurant including rice, meat, vegetables, beans, and drinks. Maria Ines is very grateful to Kiva for allowing her to continue her economic activity which represents the primary income and sustenance for her family.
View original language description ↓
La socia es la señora María Ines, ella pertenece al banco “Los Lideres” de la ciudad del Cusco - Perú. La socia continúa con su actividad en la venta de alimentos y bebidas en su restaurante. María Ines como en oportunidades anteriores está solicitando el préstamo para comprar insumos para cocina como arroz, carnes, verduras, menestras y bebidas. María Ines está muy agradecida con KIVA por permitirle continuar con su actividad económica la cual representa el principal ingreso económico y sustento de su familia.

Previous Loan Details

Our member is Sra. María who belongs to “Los Lideres” Communal Bank in the city of Cusco, Perú. She sells food in her restaurant, a business that she has had for a long time and that has allowed her to move her family forward. María will invest this loan in the purchase of supplies such as potato... More from Maria Ines'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
  • 53
    View loans »
    Peru Loans Fundraising
  • $63,756,075
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Maria Ines to buy rice, meat, vegetables, beans and drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 12, 2012
Dec 4, 2012
Currency Exchange Loss:
Apr 17, 2013
This photo was used before for a previous loan for Maria Ines. It was first posted on Kiva on Jul, 2012. Learn More