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Update on Maria

Maria continues her craft and weaving business from her small workshop located in her home. She makes and sells an assortment of hand-woven products, including scarves, sweaters, etc., and she also makes looms.

Maria is very happy to be a member of the community bank, and she plans to use the support from this loan to purchase materials for use in her weaving, including alpaca and sheep's wool.
View original language description ↓
Maria continua dedicándose a la artesanía y sigue teniendo un pequeño taller en su domicilio donde elabora tejidos como por ejemplo chompas, chalinas y otras cosas más pero también se dedica a la fabricación de telares, ella se siente contenta por participar en este proyecto y desea continuar en el banco comunal y requiere el préstamo para comprar materiales de trabajo como lana de alpaca y oveja.

Previous Loan Details

Maria was born in the community of Cotañi and lives in the same community she was born in. (The community of Cotañi is located in the Huancarani administrative division in the Paucartambo province of the region of Cusco, Peru). She is 35 years old, married, and has seven children. Maria is a h... More from Maria's previous loan »

Additional Information

More information about this loan

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
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Maria to purchase materials for use in her weaving, such as alpaca and sheep's wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Nov 25, 2013
Currency Exchange Loss:
May 17, 2014
This photo was used before for a previous loan for Maria. It was first posted on Kiva on Apr, 2013. Learn More