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Update on Rosalbina

Rosalbina is 58 years old and married with two children. She has a grocery store where she sells rice, sugar, milk, and noodles. She works there from 8 a.m. to 5 p.m. This business is helping her give her family a better life. She would like to expand and improve the business, and is requesting a loan to buy products for her shop like rice, sugar, milk, noodles, and cookies.

Rosalbina is very happy about this loan and promises to pay it off in full.
View original language description ↓
La socia es la Sra. Rosalbina; ella tiene 58 años de edad y es casada y tiene 2 hijos; La socia sigue en su negocio de tienda de abarrotes,ella vende arroz,azucar,leche y fideos,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,ella por medio de este engocio sigue sacando adelante a su familia,al socia quiere ampliar y seguir mejorando el negocio de tienda de abarrotes .La socia solicita el préstamo para comprar productos para la tienda de abarrotes como arroz,azucar,leche,fideos y galletas.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Rosalbina, 58, is a member of the “RICHARY ANTEÑA” communal bank located in Anta District belonging to Anta Province, Cusco Department. She’s married and has two children. She alternates her daily chores with running a grocery store. She sells basic need items like rice, sugar, milk and nood... More from Rosalbina'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
  • 72
    View loans »
    Peru Loans Fundraising
  • $61,828,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Rosalbina to buy products for her shop like rice, sugar, milk, noodles, and cookies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 13, 2011
Oct 16, 2011
Currency Exchange Loss:
Mar 15, 2012
This photo was used before for a previous loan for Rosalbina. It was first posted on Kiva on Jun, 2011. Learn More