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Rosa Margarita

Update on Rosa Margarita

Rosa is now the president of the Mujeres Solidarias communal bank. She really likes being in the communal bank because of the group's camaraderie and solidarity. She lives in the Paute canton, an area with a wonderfully mild climate. In the canton there are various places to enjoy nature. Its people are very hard-working, and they engage in growing flowers, agriculture, raising animals, and commerce.

Rosa is a woman who spends the most amount of time possible at her home. She is 28 years old and married. They have two children, ages eight and six, and the children go to a school in the area. Her husband works as a day worker, and they live in their own house.

She spends most of her time taking care of her home. As they live in the country, she raises chickens, guinea pigs, and livestock. She also farms. These jobs give her the opportunity to contribute to the household finances because they are profitable.

She used her previous loan to buy chickens, and she got good income from them. She will use her new loan to buy guinea pigs in order to raise more of these animals.
View original language description ↓

La Señora Rosa ahora es la presidenta del banco comunal Mujeres Solidarias, le gusta mucho estar en el grupo de la banca comunal por el compañerismo y la solidaridad del grupo. Vive por el Cantón Paute lugar que tiene un clima privilegiado ya que es cálido, cuenta con varios lugares para disfrutar de la naturaleza, su gente son muy trabajadoras, se dedican a la floricultura, agricultura, crianza de animales y comercio.

La Señora. Rosa es una mujer que le dedica el mayor tiempo posible a su hogar, tiene 28 años, es casada y en su unión conyugal ha concebido 2 hijos de 8 y 6 años de edad que están estudiando en una escuelita de la localidad. Su esposo labora como jornalero y la casa en la que viven es propia.

Ella pasa la mayor parte de su tiempo al cuidado de su hogar y como vive en el campo cría pollos, cuyes y ganado, labora también en la agricultura, estos trabajos le dan la oportunidad de aportar a la economía de su casa ya que es una actividad rentable.

Su crédito anterior lo invirtió en la compra de pollos de los cuales obtuvo buenas ganancias. Su nuevo crédito lo va a invertir en la compra de cuyes para incrementar la crianza de estos animales.

Previous Loan Details

Rosa has been a member of the communal bank "Mujeres Solidarias" for 2 years and has lived all her life in the town of Chican in Paute canton. The canton has a temperate climate, and its lands, on which much fruit is cultivated, are very fertile. Conditions are also excellent for growing the most... More from Rosa Margarita's previous loan »

Additional Information

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 Ecuador

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Rosa Margarita to buy guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Feb 1, 2013
Currency Exchange Loss:
Aug 17, 2013