Update on Rigoberto LinderRigoberto Linder continues as a member of the Siempre Juntos community bank. He is a responsible and kind person. He works as a policeman and his daily work starts very early in the streets of the city. He provides security to the people and maintains order.
He is asking for this loan for personal use. He wants to purchase appliances and perform maintenance on his home. He is happy with this loan and promises to make his payments on time.
Previous Loan DetailsThis member, Rigoberto, belongs to the community bank "SIEMPRE JUNTOS" (Together Forever). The bank is located in the district of Cusco, belonging to the province of Cusco. Rigoberto is 31 years old and unmarried. His daily activities include his work as a policeman from 6:00 am to 10:00 pm. H... More from Rigoberto Linder'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