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Cristina Alicia

Update on Cristina Alicia

Cristina is a member of communal bank "Los Lideres" (The Leaders) located in Cusco, Peru. She continues to make a living in the creation and sale of home and office furniture. In this instance, Cristina will invest the loan to purchase material such as plywood to build furniture.

Cristina is very grateful to Kiva for allowing her to provide a better quality of life for her family and helping her maintain and develop her trade. She is grateful for this loan and promises to repay in accordance with the loan agreement.
View original language description ↓
Nuestra socia es la señora Cristina, ella pertenece al banco comunal “Los Lideres” de la ciudad del Cusco – Perú. Nuestra socia se sigue dedicando a la elaboración y comercialización de muebles para el hogar y la oficina. Cristina en esta oportunidad invertirá el préstamo solicitado comprar material como madera prensada para la elaboración de sus muebles.
Cristina está muy agradecida con KIVA por permitirle dar una mejor calidad de vida a su familia y ayudarla a mantener y desarrollarse en sus actividades económicas.
La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas de acuerdo al cronograma de pagos.

Previous Loan Details

Cristina is a member of the Communal Bank “Los Lideres” (The Leaders), which is located in the District of Huanchac, Province and Department of Cusco.

She is 21 years old and single. Cristina works at a furniture store and also has a workshop in the neighborhood of Santiago where she makes… More from Cristina Alicia'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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Cristina Alicia to purchase plywood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Cristina Alicia. It was first posted on Kiva on Nov, 2010. Learn More