Update on AlejandrinaAlejandrina is grateful to the investors for the support they have offered and hopes they continue to support all of her fellow borrowers working with Asociacion Arariwa. She still lives in the city of Huancarani where she carries out her personal, business and family activities. She continues with her work in agriculture and food sales. It has now been several years that she has been doing this work and it has been going very well thanks to the effort she puts into it.
At this time Alejandrina needs a loan so that she can buy more staple food items such as noodles, sugar, vegetables, meat, rice, oil, etc. She still is with Asociacion Arariwa's "Mama Rosario" community bank and is grateful for the opportunity she is receiving from them. She pledges that she will make her loan repayments on time.
Alejandrina continúa viviendo en la ciudad de Huancarani y donde realiza sus actividades personales, económicas y familiares, ella continua con la venta de comida y con la agricultura. Ya son varios años que se dedica a este negocio y le va muy bien gracias a su empeño que pone en su trabajo.
En esta oportunidad requiere el préstamo para comprar más productos de primera necesidad como por ejemplo fideos, azúcar, verduras, carne, arroz, aceite y otras cosas más.
Alejandrina continúa en el banco comunal “Mamacha Rosario” 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 continues living in the city of Huancarani where she carries out her personal, family and business activities. She continues to sell food and farm. She has been doing this work for a number of years and is doing very well thanks to the effort that she puts into her work. On this… More from Alejandrina's previous loan »
More information about this 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