Update on AlejandrinaAlejandrina continues with her main economic activity which is baking and selling "Chuta" bread.
She still has her own oven where she bakes "chuta". "Chuta" is a typical bread from the city of Cusco characterized for being a very big. It measures approximately 30x30cm and 4x4cm in thickness. It is a delicious bread so much so that many tourists like to bring a sample to their families as a souvenir. This way they can taste a bit of the magic from the imperial city of Cusco.
Alejandrina is asking for a loan to buy supplies such as butter, sacks of flour, yeast, bags of sugar and many other things.
Alejandrina still belongs to the communal bank “RICCHARIY PURIRISUN” of the Arariwa Association. She is thankful to the opportunity given and she is committed to repaying her loan.
En esta oportunidad Alejandrina requiere el préstamo para comprar insumos como por ejemplo manteca, sacos de harina, levadura, sacos de azúcar y muchas cosas más.
Alejandrina sigue perteneciendo al banco comunal “RICCHARIY PURIRISUN” de la Asociación Arariwa y se encuentra agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.
Previous Loan DetailsAlejandrina is 52 years old, is married and fruit of this beautiful relationship has five children. She was born in the city of Oropesa and lives in the same city where she was born. The main activity of Alejandrina it's still the making and selling of "Chuta" bread. She has her own oven where sh... More from Alejandrina'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