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Update on Martha

Martha is a member of the “PUNTUALITO” communal bank of Cusco – Peru. Martha continues selling primary needs products in her grocery store, but now she also works with her husband in urban public transport. Martha is asking for this loan to invest in the maintenance of her vehicle and buying replacement parts and lubricants. She is very grateful to Kiva for allowing her to develop her economic activities, which represent her income and possibility to offer her children a better quality of life.
View original language description ↓
Martha es La socia que pertenece al banco comunal “PUNTUALITO” de la ciudad del Cusco – Perú. La señora Martha continúa con su actividad de comercio de productos de primera necesidad en su tienda de abarrotes, pero ahora también trabaja junto a su esposo en el servicio de transporte público urbano. Martha en esta oportunidad está solicitando su préstamo para invertirlo en el mantenimiento de su unidad de transporte y comprarle repuestos y lubricantes. Martha está muy agradecida con KIVA por permitirle desarrollarse en sus actividades económicas, las cuales representan su principal ingreso económico y la posibilidad de ofrecer una mejor calidad de vida y educación a sus hijos.

Previous Loan Details

Martha continues to making her living running a grocery store, she sells basic products such as rice, sugar, milk and oil and works from 5:00am to 10:00pm, Martha has worked in this business for 6 years. In her free time, Martha likes to walk with her children, her dream is to expand the grocery ... 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
  • $64,459,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Martha to maintain her vehicle.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Jan 1, 2013
Currency Exchange Loss:
May 17, 2013