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Rosa Estela

Update on Rosa Estela

The member belongs to the Communal Bank, Prosperity. The member continues her business of buying and selling household electronics and clothing. The member works independently and has been in the business for a long time and has done well thanks to the effort that she puts into her business everyday. The member sells her merchandize to the customers who most need it like friends and family, she travels at a certain time to Tacna and Chile to buy her merchandize. The member is a very responsible and diligent person since this is the way that she gets her family ahead.At the same time, she still continues with her restaurant business which is also doing well.

The member needs the loan to buy materials like rice and oil for her restaurant.

The member is happy for the loan given and is committed to making all of her payment quotas.

View original language description ↓
La socia pertenece al banco comunal PROSPERIDAD;la socia continua con su negocio de compra y venta de electrodomesticos y ropa ,la socia trabaja de forma independiente,la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone a su negocio cada dia,la socia reparte su mercaderia a sus clientes que mas le solicitan como amistades y familiares,ella viaja cada cierto tiempo a Tacna y Chile para comprar su mercaderia,la socia es una persona responsable y empeñosa siendo de esta manera que la socia saca adelante a su familia,la socia a la vez continua con su negocio de restaurante el cual le va bien.

La socia solicita el credito para la compra de insumos como arroz y aceite para su restaurante.

La socia se siente feliz por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Rosa Estela recently opened a new restaurant to supplement her clothing and electronic goods business. She is 43 years old and married with three children who are 12, 20, and 22. In the photo, she is pictured with her granddaughter. For a number of years, Rosa Estela has purchased clothing and el... More from Rosa Estela'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
  • 116
    View loans »
    Peru Loans Fundraising
  • $60,091,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Rosa Estela buy materials like rice and oil for her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Aug 29, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Rosa Estela. It was first posted on Kiva on Mar, 2012. Learn More