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Norberta

Update on Norberta

This member continues making a living in the transportation business. She rents cars to different people, working from 8 a.m. until 5 p.m. She's been doing this work for six years and it's going very well for her. Her dream is to expand her transportation business.

She's requesting the loan to buy tires for her cars.

The member's grateful for this opportunity and is committed to making her payments on time.
View original language description ↓
La socia se sigue dedicando al negocio de transporte,la socia alquila carros a diferentes personas,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 6 años y le va muy bien,el sueño de la socia es ampliar el negocio de transporte.La socia solicita el credito para comprar llantas para los carros.

La socia 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 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... 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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Norberta to buy tires for her cars.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Norberta. It was first posted on Kiva on Aug, 2012. Learn More