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Alicia Fotunata

Update on Alicia Fotunata

Alicia, 46, is married and has two children. She continues working in her restaurant. She prepares breakfasts, lunches and dinners from 9am until 7pm. She wants to continue expanding and improving the restaurant. She’s asking for a loan to buy ingredients to cook like chicken, meat and vegetables and also to buy restaurant equipment like pots and pans. She is very grateful for the loan and commits to make her payments in a disciplined way.
View original language description ↓
La socia es la Sra. Alicia; es casada, la socia tiene 46 años de edad; la socia tiene 2 hijos,la socia sigue trabajando en su restaurant,ella prepara desayunos,almuerzos y cenas,la socia trabaja desde las 9:00 a.m hasta las 7:00 p.m,ella quiere seguir ampliando y mejorando el negocio de restaurant. La socia solicita el préstamo para comprar productos para cocinar como pollo,carne y verduras y tambien para implementar el restaurant comprando ollas y sartenes.

La socia está muy agradecido por el préstamo y se compromete a cumplir con los pagos de dicho préstamo de forma disciplinada.

Previous Loan Details

Alicia, age 45, is married and has two children aged 27 and 22. She is a member of the communal bank “VIRGEN ESTRELLA DE OROPESA”'; the bank is located in the Oropesa village of the Quispicanchis province, which is part of the department of Cusco. Alicia divides her time between her household ... More from Alicia Fotunata'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
  • 157
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Alicia Fotunata to buy ingredients for her meals and also to buy equipment, like pots and pans, for the restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 18, 2011
Oct 20, 2011
Currency Exchange Loss:
May 15, 2012
This photo was used before for a previous loan for Alicia Fotunata. It was first posted on Kiva on May, 2011. Learn More