Update on AlejaAleja was born in the district of Chichero, in the province of Urubamba, department of Cusco. She presently lives in the community of Huchuy Qosgo, in the province of Calca.
Aleja makes a living selling footwear for men, women and children. She started this business some years ago, and she is doing very well, since she works very hard. Aleja is requesting this loan in order to purchase shoes for women and children. She is a member of the community bank, "Huchuy Qosgo," of the Arariwa Association, which is located in the city of Cusco.
La socia Aleja se sigue dedicando a la venta de calzados para caballeros, damas y niños. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. La socia Aleja en esta oportunidad requiere el préstamo para comprar zapatos para niños y damas. La socia Aleja sigue perteneciendo al banco comunal “Huchuy Qosqo” de la Asociación Arariwa de la ciudad del Cusco.
Previous Loan DetailsThis member belongs to the "HUCHUY QOSQO” communal bank. The communal bank is located in the district of Lamay in the province of Calca and department of Cusco. The member is Señora Aleja. She is 38 years old and married. She has four children, aged 20, 17, 11 and 5 months. The member works… More from Aleja's previous loan »
Important InformationAbout 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.
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