Update on RosendaRosenda is fifty-four years old. She lives in the village of San Martin in the district of Tambogrande, a tropical region of northern Peru populated primarily by small farmers who raise animals and have fruit plantations. She is an extremely hard working woman, who has proven to be very responsible in her previous commitments with Kiva and Edpyme. Moreover, this micro-entrepreneur is well known to have a kind heart and a constant smile.
She lives with her husband and children in a home they own. Rosenda manages a small general store out of the front of her home. She sells various basic items to her neighbors, assisting them in reducing the time it takes to complete their shopping errands. She can be found in her shop daily at almost all hours.
Rosenda is looking now to take her third loan with Kiva and Edpyme Alternative. She is looking to take a loan of 2000 soles make improvements to her business. She is looking to buy more products as well as a new glass stand to display her products. She is a responsible and dedicated woman who is constantly striving to get her family ahead.
Previous Loan DetailsRosenda is fifty-three years old. She lives in the village of San Martin in the district of Tambogrande, a tropical region of northern Peru populated primarily by small farmers who raise animals and have fruit plantations. She lives with her husband and children in a home they own. Rosenda… More from Rosenda's previous loan »
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