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Cristina Alicia

Update on Cristina Alicia

This communal bank member continues working in her carpentry workshop. She makes items such as doors, windows, and furniture. She works from 8:00 a.m. until 7:00 p.m. She has had this business for 8 years, and it is going very well for her. Her dream is to expand the carpentry workshop. She is applying for the loan to buy wood.

She is very grateful to Kiva for allowing her to continue with her business, which represents the principal source of income and sustenance for her family.
View original language description ↓
La socia se sigue dedicando al negocio de taller de carpinteria,ella hace trabajos de muebles como puertas,ventanas y muebles,la socia trabaja desde las 8:00 a.m hasta las 7:00 p.m,la socia tiene 8 años en este negocio y le va muy bien,el sueño de la socia es ampliar el taller de carpinteria.La socia solicita el credito para comprar madera.

La socia está muy agradecida con KIVA por permitirle continuar con su actividad económica la cual representa el principal ingreso económico y sustento de su familia.

Previous Loan Details

Meet Cristina, who belongs to the "Los Lideres" [the Leaders] communal bank in the city of Cusco, Perú. She still makes home and office furniture in her carpentry workshop. As in the past, she is seeking a loan to buy materials such as wood, paint, glue, and upholstery for making furniture. Cr... More from Cristina 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

  • $12,000
    Average annual income
  • 82
    View loans »
    Peru Loans Fundraising
  • $63,829,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cristina Alicia to buy wood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 12, 2013
May 1, 2013
Currency Exchange Loss:
Aug 17, 2013
This photo was used before for a previous loan for Cristina Alicia. It was first posted on Kiva on Dec, 2012. Learn More