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Juana Alcira

Update on Juana Alcira

This member continues working in her small workshop, carving items from wood. She is growing financially and her business is doing very well. The member is a very hard-working woman and she would like this loan so that she can continue buying soft wood for making her carved products and finish some orders for picture frames which will be used to hold prints from the Cuzco School such as Catholic canvases.
View original language description ↓
La socia continua con su pequeño taller y siguen realizando tallados en madera, la socia esta creciendo economicamente y le esta yendo muy bien, la socia es una mujer muy trabajadora y ella desea el credito para continuar comprando madera suave para hacer los diversos tallados y terminar sus pedidos de cuadros para poner replicas de la escuela cusqueña como lienzos catolicos.


Previous Loan Details

Juana, 56, has three children. She was born in Cusco, Perú. After doing her household chores, Juana makes crafts. She has a small workshop in her house where she carves wood. She then sells her items at artisanal markets. She’s been in this occupation for 25 years now and does quite well. J... More from Juana Alcira'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

  • $6,715
    Average annual income
  • 123
    View loans »
    Peru Loans Fundraising
  • $56,823,625
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Juana Alcira to invest in buying soft wood such as maguey.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012
This photo was used before for a previous loan for Juana Alcira. It was first posted on Kiva on Feb, 2011. Learn More