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Zoila Rosa

Update on Zoila Rosa

This member continues working in her handicrafts business. She also lets out rooms in her home to students and the general public. She now has a stand and has entered fully into the handicrafts business, mainly selling decorative pottery. She would like to invest her loan in buying handicrafts to sell.
View original language description ↓
La socia continua con con el negocio de artesnaia, la socia tambien renta su casa a estudiantes y personas en general, ella tien ahora un stand y a entrado de lleno en el negocio de artesania en especial de trabajos hechos en arcilla para decoracion en su mayoria. La socia desea invertir el prestamo en la compra de artesania para la venta.

Previous Loan Details

Sra. Zoila Rosa is a member of the Communal Bank “Huayna Picchu”, which is located in the district, province, and department of Cusco. She is 61 years old, widowed, and has two children. Zoila divides her time between her daily activities and her business renting rooms in her house. She ren... More from Zoila Rosa'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
  • 87
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Zoila Rosa to buy handicrafts to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012
This photo was used before for a previous loan for Zoila Rosa. It was first posted on Kiva on Oct, 2010. Learn More