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Rosa Luz

Update on Rosa Luz

Rosa Luz is a member of the “QORICHUSPAS” communal bank, located in the city of Cusco – Peru. Rosa Luz continues to raise small animals such as chickens and Guinea pigs, but she also knits clothing and decorative hangings for the tourist market at the same time.

Rosa Luz is asking for a loan so that she can buy merchandise such as sweaters, scarves, hats, gloves, etc., in order to supply her new business activity and be prepared for the upcoming Christmas season.

Rosa Luz is very grateful to Kiva for allowing her to develop and expand in her new business activity, which represents a new income and the possibility of offering her children an education and a better quality of life.
View original language description ↓
Rosa Luz es La socia que pertenece al banco comunal “QORICHUSPAS” de la ciudad del Cusco – Perú. Rosa Luz continúa dedicándose a la crianza de animales menores como gallinas y cuyes pero ahora y paralelamente está incursionando en la actividad artesanal, comercializando principalmente todo lo referente a tejidos, como prendas de vestir y tapices decorativos para el mercado turistico. Rosa Luz en esta oportunidad está solicitando su préstamo para comprar mercadería como chompas, bufandas, gorros, guantes etc. para capitalizar su nueva actividad y estar preparada para la próxima campaña navideña. Rosa Luz está muy agradecida con KIVA por permitirle desarrollarse y expandirse en su nueva actividad económica, la cual representa un nuevo ingreso económico y la posibilidad de ofrecer una mejor calidad de vida y educación a sus hijos.

Previous Loan Details

This member's business is raising animals such as hens, chickens and roosters. She fattens her animals and then sells them at different markets. She works from 8.00am to 5.00pm and, through this business, she provides for her children. Her dream is to expand and improve her animal raising busi... More from Rosa Luz'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
  • 91
    View loans »
    Peru Loans Fundraising
  • $58,960,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosa Luz to buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 6, 2012
Dec 7, 2012
Currency Exchange Loss:
Jul 17, 2013