Update on Carmen RosaCarmen Rosa was born in the city of Ica but lives in the city of Salvación. (Salvación is located in the district of Manu in the province of Manu, within the department of Madre de Dios, Perú).
Carmen Rosa is 42 and in a common-law marriage with one child. She is a hard-working and enterprising mother who is getting her family ahead. She is a teacher and works in an education centre in the city of Salvación. She has been teaching for several years and it is going very well thanks to the hard work she puts into her job. She belongs to the "Tesoritos del Manu" communal bank. She needs a loan for household costs such as water, electricity, and food for her child. She is grateful for the loan and values it. She promises to repay her monthly quotas.
Carmen Rosa tiene 42 años de edad y tiene una relación de unión libre de la cual tiene un hijo, ella es una madre trabajadora y emprendedora que saca adelante su familia ella es profesora y trabaja en un centro educativo en la ciudad de Salvación. Ya son varios años que se enseña y ve la muy bien gracias al empeño que pone en su trabajo. Ella pertenece al banco comunal “Tesoritos del Manu” y en esta oportunidad requiere el préstamo para gastos de hogar como por ejemplo agua, luz y alimentación de su hijo. Agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales.
Previous Loan DetailsCarmen Rosa belongs to the “Tesoritos del Manu” communal bank. The bank’s meetings take place monthly in the city of Salvación in Manu Province, Madre de Dios Department. Carmen Rosa is 40 years old and is in a common law relationship; she has a son. She was born in the city of Ica and came to… More from Carmen Rosa's previous loan »
More information about this loan
Important InformationAbout 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Apr 25, 2013
- May 16, 2013
- Currency Exchange Loss:
- Nov 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.