Update on Rosmery SusanThe member is Rosmery. She continues to buy and sell handmade sweaters, gloves, and scarves. A few months ago she also began making rag dolls, toy llamas, and teddy bears with alpaca wool. She is exporting her products to countries like England and Spain and would like to continue growing her business. Rosmery has a website through which she advertises her products and through which clients can purchase her goods.
Rosmery also works with her spouse and friend in the manufacture of pullovers, pants and more. She wants to invest in the purchase of materials for making rag dolls, teddy bears and toy llamas. She would also like to invest in a specialized sewing machine for this purpose.
La socia es la Sra. Rosmery; Continua con su negocio de compra y venta de artesanía como chompas, guantes, chalinas, y hace unos meses ella realiza muñecas de trapo, llamitas, osos con lana de alpaca, la socia esta exportando a paises como Inglaterra, España y desea seguir creciendo la socia tiene su pagina web y mediante este medio ha publicado sus trabajos y le compran los clientes que desean adquirir uno de sus trabajos, la socia tambien trabaja con su conyugue y amiga en la fabricación de busos, pantalones entre otros. La socia en esta ocasión desea invertir en la compra de materiales para la confeccion y elaboracion de las muñecas de trapo y de los ositos y llamas, a la socia tambien le gustaria invertir el credito en la compra d euna maquina recubridora.
Previous Loan DetailsThis member belongs to the Qori Orcco communal bank. The bank is located in Urcos District, which belongs to Quispicanchis Province and Cusco Department. The member is Ms.Rosmery. She is 25 years old, lives with her partner and has one son. She alternates daily activities with her business… More from Rosmery Susan'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