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Berna

Update on Berna

Berna is a member of the Llapanchik community bank. She is 60 years old, married, and has six children (two sons and four daughters). She has been a member of FINCA Peru for many years and her business is buying and selling cereals. She says that, over the years, she has learned to be punctual and responsible. Berna's dream is to be able to buy her own home to share with her family. She will invest the loan that she is requesting in buying cereals such as wheat, quinoa and kiwicha (amaranth) so that she can sell them in her business.
View original language description ↓
Berna es socia del Bancomunal Llapanchik y tiene 60 años de edad, es casada y madre de 6 hijos (2 varones y 4 mujeres). Es socia de FINCA Perú hace muchos años y se dedica a la compra y venta de cereales. Ella dice que en todo este tiempo ha aprendido la puntualidad y la responsabilidad. Su sueño es poder comprarse una casa propia que comparta con su familia. El préstamo que solicita lo invertirá en la compra de cereales como trigo, quinua, quiwicha para que los pueda vender en su negocio.

Previous Loan Details

Sonia is a member of the Llapanchik Communal Bank. She has 3 children and is a trader. She buys and sells small animals as well as grains. She will use the requested loan to purchase more animals for resale. Sonia has been with FINCA for 11 years. She is very grateful for the training because she... More from Berna's previous loan »

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

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
  • 113
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Berna to buy cereals such as wheat, quinoa and kiwicha (amaranth) to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2012