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Alfredo Tomas

Update on Alfredo Tomas

The member continues to devote himself to selling soft drinks. He makes his sales independently, delivering the product to a number of grocery stores. The member also continues working in the transportation business. He has a car by which he provides transportation services. Through his businesses the member supports his children. The member has had this business seven years and it's going very well for him. The member's dream is to expand the soft drink business. The member is seeking the loan for purchasing soft drinks wholesale.

The member is happy to receive the loan and commits to making his payments.
View original language description ↓
El socio se sigue dedicando al negocio de venta de gaseosas,el socio vende en forma independiente llevando a las diferentes tiendas de abarrotes,el socio tambien sigue haciendo el negocio de transporte,el tiene un carro que hace servicio de transporte,por medio de sus negocios el socio saca adelante a sus hijos,el socio ya tiene 7 años en este negocio y le va muy bien,el sueño del socio es ampliar el negocio de venta de gaseosas.El socio solicita el credito para comprar gaseosas al por mayor.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

This member belongs to the communal bank “Valle Sagrado De Calca” (Sacred Valley of Calca). The communal bank is located in the Calca Distrct of Calca Province, Cusco Department. The member is Sr. Alfredo Tomas. He is 50 years old, is married and has 3 children. He spends his days selling c... More from Alfredo Tomas'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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,770,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Alfredo Tomas to purchase soft drinks wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Alfredo Tomas. It was first posted on Kiva on Oct, 2011. Learn More