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Update on Roxana

The member Roxana continues with her grocery store. She has added a cell phone recharging service to her store. The member buys a monthly amount of direct services for cell phones which she then sells to customers, recharging their cell phones and being paid the amount owed. She makes commisions and saves these. The member has also bought beer wholesale to sell. She has also positioned an icecream vending machine of a well-known brand in one of the corners facing the main entrance. The member is a very hardworking and friendly woman. She now wants to invest the loan in purchasing staple products and boxed panettones, champagne and wine for the Christmas holidays. In the future the member wants to have her own locale for her store and run it like a supermarket.
View original language description ↓
La socia Roxana sigue con su tienda de abarrotes, ella ha implementado a su tienda las recargas a celulares, la socia compra de los servicios directos de telefonos celulares un monto mensual el cual ella los va vendiendo a los clientes les realiza recargas a sus equipos celulares y le van pagando el monto, ella va ganando las comisiones y va ahorrando estas, la socia también ha comprado cerveza al por mayor para vender, también a puesto en una de las esquinas que da a la puerta principal venta de helados de una marca muy conocida, la socia es una mujer muy trabajadora y cordial ahora ella desea invertir el credito en la compra de productos de primera necesidad y de panetones en caja, champan y vinos para las fiestas navideñas. La socia desea a futuro tener su propio local para poner su tienda e implementarlo tipo supermarket.

Previous Loan Details

Roxana is 22 years old, single, and lives in the city of Cusco, Peru. She is currently studying for a degree in tourism and is studying a course in English. Roxana's business activity is selling groceries. She rents a small store where she sells her products. She has been in this business f... More from Roxana'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
  • 34
    View loans »
    Peru Loans Fundraising
  • $64,360,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Roxana to buy staple products such as rice, sugar, milk and others; also to buy champagne, wine and panettones.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 17, 2011
Oct 30, 2011
Currency Exchange Loss:
Mar 15, 2012
This photo was used before for a previous loan for Roxana. It was first posted on Kiva on Feb, 2011. Learn More