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Norberta

Update on Norberta

Norberta is still a member of Asociación Arariwa’s “Minibank” communal bank. She is from the city of Cusco and still lives in this beautiful city. She’s married and has three children. She’s a housewife and also leases out cars so that they can provide transportation services in the city of Cusco.

On this occasion, Norberta needs the loan to service the cars. Norberta is grateful for the opportunity provided by this means and commits to make her payments as scheduled.
View original language description ↓
La socia Norberta sigue perteneciendo al banco comunal “MINIBANK” de la Asociación Arariwa, ella es natural de la ciudad de la Cusco y vive en esta hermosa ciudad, ella es casada y fruto de esta hermosa relación tiene tres hijos, ella es ama de casa y también se dedica a alquilar carros, ella alquila a diferentes personas automóviles para que puedan brindar servicio de trasportes en la misma ciudad del Cusco. La socia Norberta en esta oportunidad requiere el préstamo para hacer mantenimiento de los carros. La socia Norberta se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

Previous Loan Details

Norberta is 52 years old and married with three children. She has one boy and two girls. Two of her children still attend University. Norberta is a housewife, spending her time taking care of her children and tending to the house. She is asking for a loan in order to help pay for the education of... More from Norberta'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

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Norberta to service her cars.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012