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Alejandrina

Update on Alejandrina

Sra. Alejandrina is a member of the Communal Bank “Señor de Los Temblores II” which is located in the city of Cusco, Peru. She is a hardworking woman who continues to sell food and beverages at her restaurant.


Alejandrina is taking this opportunity to request a loan in order to buy supplies such as rice, vegetables, noodles, oil, and beer so that she can continue producing in her restaurant. She has worked many years in this business and it has allowed her to sustain her household and continue in this activity. For this reason, she is very grateful to Kiva for helping her become stronger in her trade.

View original language description ↓
La socia es la señora Alejandrina, ella pertenece al banco “Señor de los Temblores II” de la ciudad del Cusco – Perú. La socia es una mujer muy trabajadora, ella continua dedicándose a la venta de comida y bebidas en su restaurante, Alejandrina en esta oportunidad está solicitando el préstamo para comprar insumos como arroz, verduras, fideos, aceite y cerveza. para la producción de su restaurante, La socia Alejandrina trabaja hace muchos años en esta su actividad, la cual le permite llevar el sustento a su hogar y tambien le permite continuar con su actividad, y por ello la socia está muy agradecida con KIVA por permitirle fortalecer su comercio.

Previous Loan Details

Mrs. Alejandrina is 62 years old. She is a widow, but a hard worker. Her main activity has been selling food in a small restaurant she has in her house. This activity has proven very demanding as it has required a lot of time and sacrifice. With this opportunity Mrs. Alejandrina is asking... More from Alejandrina'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
  • 129
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Alejandrina to buy rice, vegetables, noodles, oil, and beer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Alejandrina. It was first posted on Kiva on Apr, 2012. Learn More