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Nilda
Nilda is 50 years old and lives in the city of Huancayo. She is a widow and lives in a rented house with her 4 children. She has more than 20 years experience in knitting sweaters by hand. With the death of her husband, knitting has become her sole source of income and so she has concentrated her efforts into the knitting business. In order to optimise production and knit the number of garments she needs, she must hire other women to help her. This provides her with a substantial number of sweaters to take to wholesalers on consignment. Despite putting her entire investment at risk, she has known how to get ahead because during this time she has learnt how to manage her income and balance it with a desire to increase her working capital in order to stock basic raw materials. She is new to the communal bank she is a member of and was invited to join by her neighbours so that she could improve her business. She is very excited as she will be able to experience group lending first hand. For this reason she is committed to being punctual with her repayments, grateful for the group's vote of confidence in her. With the loan, she is going to buy wool of different colours and varying quality.
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Nilda tiene 50 años de vida, radica en la ciudad de Huancayo, es viuda y vive con sus 4 hijos en una casa alquilada. Tiene más de 20 años de experiencia en la elaboración de tejidos de chompa a mano. Tras el fallecimiento de su esposo esta actividad se ha convertido en su unica fuente de ingreso, y por ello se ha intensificado más en este trabajo. Para lograr tejer la cantidad de prendas que necesita, debe contratar la mano de obra de otras señoras para optimizar su producción, esto le permite llevar una cantidad considerable de chompas a los comerciantes mayoristas a quienes le deja a crédito. Pese que es un riesgo toda la inversión que realiza, ha sabido salir adelante porque en todo este tiempo ha aprendido administrar adecuadamente sus ingresos y el deseo de incrementar su capital de trabajo para abastecer materiales básicos. Ella es nueva en el banco comunal que integra y fue invitada por sus vecinos para que pueda mejorar su negocio, esta muy entusiasmada porque tendrá una experiencia vivida de un crédito grupal y por ello se compromete a ser puntual en sus pagos agradeciendo por el voto de confianza hacia su persona. Con el dinero comprará más lanas de diversas calidades y colores.

About Peru

  • $12,000
    Average annual income
  • 102
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Nilda to buy wool of different colours and varying quality.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012