Update on RosaRosa belongs to the “San Bartolo de Tambo Real” communal bank in the district of Tambo Real in the province of Anta in Cusco, Peru.
Rosa is married with six children. She continues to make a living by raising livestock, producing and selling milk, and raising small animals. She has had these business activities for some time, and they are going well thanks to the hard work she puts into every one of her activities every day. She is a responsible person, which is how she provides for her family.
She has applied for a loan to buy feed for her cows.
Rosa is grateful for this loan and she promises to comply with the established installments.
La socia Rosa es casada y tiene 6 hijos, la socia continua dedicándose a la ganaderia, producion y venta de leche y crianza de animales menores, la socia lleva buen tiempo dedicándose a estas actividades los cuales le va bien gracias al empeño que le pone cada día a cada actividad que realiza, la socia es una persona responsable siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de alimentos para sus vacas.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsThis member is Rosa, who is now 57 years old. She is married and has six children. She lives in the district of Tambo Real, in Anta province. She still works with livestock, mainly producing and selling milk and also raising small animals, such as guinea pigs and chickens. Rosa needs to produce m... More from Rosa's previous loan »
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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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