Update on AlejandraOur member, Sra. Alejandra, still makes her living raising and selling pigs, chickens and other farm animals. She has operated the business for many years and it has prospered thanks to the effort that she has put in to building it. She supplements her farm animal business with a grain sales business and a small corner store, all of which provide an income that helps to support her family.. She is a responsible person, committed to working hard to get ahead.
Sra. Alejandra will use this loan to buy pigs for her animal sales business.
La socia solicita el credito para la compra de cuyes para su negocio.
Previous Loan DetailsThe member belongs to the communal bank “SEÑOR DE CCOYLLORITY YUNGAQUI”, and she lives in the Anta district, Anta province, Cusco department. The member is Mrs. Alejandra, 49, and a native of Isuchaka. She is married and has 3 children. She couldn't go to school because from the time she wa... More from Alejandra'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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Success!! The loan was 100% repaid