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Rosalia

Update on Rosalia

The member belongs to the "Silkinchany" communal bank located in the community of Angostura, in the province and department of Cusco. The member is Rosalia, who continues working in her business of preparing food.

She has been in this business for years, and it is going well thanks to the effort she devotes to her business each day. She also continues raising and selling small animals, as this is how she supports her family.

The member is requesting the loan to buy guinea pigs for her business. She is grateful for the support granted to her, and promises to make her installment payments in a disciplined way.
View original language description ↓
La socia pertenece al banco comunal “SILKINCHANY” el banco se encuentra ubicado en la comunidad de Angostura, en la Provincia de Cusco y Departamento de Cusco.

La socia es la Sra. Rosalia;la socia continua dedicandose al negocio de elaboracion de comida,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia tambien sigue dedicandose a la crianza y venta de animales menores siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el credito para la compra de cuyes para su negocio.

La socia agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

Previous Loan Details

The member belongs to the “SILKINCHANY” communal bank, located in the Angostura community, in the province and Department of Cusco. Mrs. Rosalia is 57, widowed, and has 6 children of whom only two live with her. She makes homemade foods and sells them in the main plaza of her district. She also ... More from Rosalia'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

  • $6,715
    Average annual income
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,083,725
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rosalia to buy guinea pigs for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Rosalia. It was first posted on Kiva on Sep, 2011. Learn More