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Update on Roxana

This member belongs to the communal bank Solidaridad - Cachimayo (Solidarity - Cachimayo). She continues to work, raising small animals such as guinea pigs and pigs. She is comfortable in this line of work considering that through it, she is able to help her family get ahead. Roxana raises animals and sells them in various fairs held in her area. At the same time, she also rents out her car for use as a taxi. With the income from both of these businesses she is able to help her family move forward.

Roxana is requesting another loan in order to buy guinea pigs for her business. She is grateful to have the loan offered to her, and she pledges to make all of her repayments punctually.
View original language description ↓
La socia pertenece al banco comunal SOLIDARIDAD - CCACHIMAYO,la socia sigue dedicandose al negocio de crianza de animales menores como cuyes y chanchos,la socia se siente bien con su negocio ya que mediante este la socia saca adelante a su familia,la socia cria a sus animales para luego venderlos en las distintas ferias que se realizan, a la vez la socia continua alquilando su carro para taxi, siendo de esta forma que la socia saca adelante a su familia.

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

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Roxana is a member of the “Solidaridad-Cachimayo” (Solidarity-Cachimayo) Communal Bank. She keeps on engaging in selling small animals such as “cuyes” (“cuy” is Quechua for Guinea pig) and pigs. She breeds these animals to then sell them in the fairs that take place during the weekends. She also ... 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
  • 45
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Roxana to buy guinea pigs for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 28, 2012
Feb 1, 2013
Currency Exchange Loss:
May 17, 2013