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Bertha Urbelinda

Update on Bertha Urbelinda

Bertha Urbelinda keeps on engaging in her activity, fashioning different types of handicrafts. She creates cushions, cloths and coasters, working form 8 am to 6 pm. She has been engaging in this activity for 7 years and things are going very well. She dreams of owing a locale where to sell her handicrafts. She is requesting a loan to buy fabric, thread and wool in different colors.

She is happy about the loan and she commits to complying with the repayment of her dues.
View original language description ↓
La socia se sigue dedicando al negocio de elaboracion de manualidades,la socia realiza trabajos de cojines,tejidos y portavasos,als ocia tarabaja desde las 8:00 a.m hasta als 6:00 p.m,la socia tiene 7 años en este negocio y le va muy bien,el sueño de la socia es tener un local donde pueda vender las manualidades.La socia solicita el credito para comprar telas,hilos y lanas de colores.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

Bertha belongs to the “Maria Elena Moyano” Communal Bank. She is 65 years old, married, and has 3 children. Bertha's daily activities include a business making handicrafts. She fashions different types of products including cushions. Working independently and by requests, Bertha sells to her frie... More from Bertha Urbelinda'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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Bertha Urbelinda to buy fabric, thread and wool in different colors.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Bertha Urbelinda. It was first posted on Kiva on Aug, 2012. Learn More