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Update on Maribel

This borrower is a member of the Communal Bank “Solidaridad – Ccachimayo”. She has a business of selling undergarments and shoes. The borrower has been in business for some time and is doing well thanks to the effort she puts forth each day into her work. She sells merchandise upon request to her friends, relatives, and other people. She is a responsible and diligent individual who is helping her family move forward in this manner.

The borrower is requesting a loan in order to buy women’s shoes. She is grateful for the loan that has been provided and promises to complete her payments according to the established terms.
View original language description ↓

La socia pertenece al banco comunal SOLIDARIDAD - CCACHIMAYO, la socia continua dedicándose a su negocio de venta de ropa interior y venta de zapatos, la socia llevan buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia vende su mercadería a pedido a sus amistades, familiares y otros, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el crédito para la compra de zapatos para damas.

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

This member belongs to the SOLIDARIDAD - CCACHIMAYO communal bank. She continues to work at her business selling underwear and shoes. She is happy with her business since with it she gets her family ahead. She continues to send money to her sister so she can buy merchandise her sister needs to se... More from Maribel'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
  • 46
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Maribel to buy women's shoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 29, 2013
Sep 10, 2013
Currency Exchange Loss:
Jan 17, 2014