Update on Norberta IsamarNorberta is 21 years old and single. This is her second loan. She was very satisfied with the first, since she sold the crop of kenaf (Deccan jute) thanks to the help of the loan and obtained benefits for her family.
Because of this, she is asking for another loan to cultivate 56,000 square meters of corn and to prepare the kenaf. With the new loan, she hopes to obtain greater production and a better source of income for her family. With the earnings that she receives she wants to repair her house little by little and buy things that she doesn't have. Norberta wants to be one of the people who produce basic grains in the region.
Con el nuevo préstamo, espera obtener una mayor producción y mayor fuente de ingresos para su familia. De las ganancias que reciba desea reparar su casa poco a poco y comprar cosas que no posee. Norberta desea ser una de las personas que más producen granos básicos en la zona.
Previous Loan DetailsNorberta is 20 years old and lives with her parents. Norberta is an enterprising and hard-working young woman. She has been growing corn for eight years and jute and kenaf (natural fiber used to make bags, rope, string tote bags, crafts, etc) for two years. Her family taught her to work the ... More from Norberta Isamar's previous loan »
About CrediCampoThis loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.
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 El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- At end of term
- Mar 28, 2012
- Apr 11, 2012
- Currency Exchange Loss:
- May 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.