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Alicia

Update on Alicia

The borrower continues with her business of selling meat and quinoa. She has been in the business for years, and it is going well for her thanks to the daily effort she puts into it. She travels every so often to Machupicchu to sell her merchandise. She sells in an itinerant manner, delivering to customers who request her food. This is the way she gets her family ahead.

She is requesting the loan to buy meat for her business. She is grateful for the loan she was given, and she pledges to make her payments.
View original language description ↓
La socia Alicia continua dedicandose al negocio de venta de carne y quinua,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia viaja cada cierto tiempo a Machupicchu para vender su mercaderia de forma ambulatoria repartiendo a sus clientes que le solicitan,siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el credito para la compra de carne para su negocio.

La socia se siente agradecida con el credito otorgado y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Alicia, 22, lives with her partner and has one child. She makes a living selling meat and quinoa, taking the products to places like Machu Picchu and selling them on foot. She has had this business for four years. Previously she sold clothing but it didn't go very well for her. Her dream is t... More from 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
  • 105
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alicia to buy meat for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Alicia. It was first posted on Kiva on Oct, 2012. Learn More