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Raida Paulina
View original language description ↓
For 9 years, Raida has been a member of the community bank nameded "Llapanchik”, which means “Everyone” in Peru’s native language of Quechua. Here, she learned how to save money, be punctual and responsible, and the importance of friendship and community.



Raida is a 40 year old, separated mother of 2 boys. She sells groceries, meat and vegetables. She started her business with very little capital and since then it has been slowly prospering.



Raida is asking for a loan of 2000 soles (3 soles = 1 US dollar) with which she will buy sugar, rice, noodles, milk, soda, cookies, soap and detergent.



She will use her savings to pay for her children’s education. She was able to build a house and buy her sons a computer with the money she learned how to save at the Community Bank. Raida hopes that her sons will grow up to be good people and one day become professionals. She also wants to buy a car so her son can work.

Translated by Beatriz Yuste, Kiva Volunteer.



Raida es socia del Banco Comunal “Llapanchik” que significa “Todos” en quechua hace 9 años. En su Banco Comunal aprendió a ahorrar, ser puntual, responsable y el compañerismo.


Raida es separada, tiene 40 años y 2 hijos varones, Raida tiene una tienda donde vende abarrotes, carne, verduras. Raida menciona que su negocio inició con muy poco capital y actualmente su negocio ha crecido.


Raida necesita un préstamo de 2000 soles, dinero que será invertido en la compra de azúcar, arroz, fideo, leche, gaseosas, galletas, jabón, detergente.


Sus ahorros lo utilizará en la educación de sus hijos, Raida menciona que con los ahorros que reunió en su Banco Comunal construyó su casa y compró la computadora para su hijo.
Los sueños de Raida es que sus hijos sean profesionales, personas de bien y comprar un carro para que trabaje su hijo.

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

About Peru

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $54,600,625
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Raida Paulina to buy sugar, rice, noodles, milk, soda, cookies, soap and detergent.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 27, 2008
Listed
Mar 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 28, 2008