Update on BerthaBertha continues to belong to the communal bank, "Mujeres Unidas," and lives in the beautiful city of Cuzco.
Bertha continues to make a living through the sale of food in her small restaurant. She is a hardworking and enterprising woman who carries her family forward. Things went very well with her earlier credit, thanks to her punctuality in making her payments.
At this time, Bertha needs the loan in order to buy ingredients such as sacks of rice, sacks of sugar, and various other things.
Bertha is happy for the loan and she promises to make her payments promptly.
La socia Bertha sigue dedicándose a la venta de comida en su pequeño restaurante, ella es una mujer trabajadora y emprendedora que saca adelante a su familia, ella con el anterior crédito le fue muy bien gracias a la puntualidad de sus pagos.
La socia Bertha en esta oportunidad requiere el préstamo para comprar insumos como por ejemplo sacos de arroz, sacos de azúcar y otras cosas más.
La socia Bertha está feliz por el préstamo y se compromete a cumplir con los pagos de sus cuotas.
Previous Loan DetailsThe member belongs to the communal bank "MUJERES UNIDAS" and is from the city of Cusco. Bertha, 27, is married and has two children. She alternates her daily household activities with her management and attention to a small restaurant she runs together with some relatives. She prepares… More from Bertha's previous loan »
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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Success!! The loan was 100% repaid