Update on Lila GloriaLila is a 52 year old woman who’s married and has two adult children. She lives in her own house with her husband and children located in La Victoria District’s CPM San Luis sector. She lives in the rural part of the sector but does have electricity and water.
Lila raises small farm animals at home to sell ; she has 15 years’ experience in this line of work. Lila also has a home-based grocery store where she sells groceries, fruit and vegetables.
The loan is for the amount of 1500 new soles that she will use to buy basic staple items like rice, sugar, salt and milk to stock her store and to buy animals and feed for them.
Lila se dedica a la crianza y venta de animales de corral, los cuales los cría en su domicilio, teniendo ya 15 años de experiencia en el rubro. Además, Lila también tiene una bodega en su domicilio donde vende abarrotes, frutas y verduras.
El monto del crédito es de 1500 nuevos soles, los cuales se emplearán para la adquisición de productos de primera necesidad, tales como arroz, azúcar, sal, leche, para surtir su bodega, y para la compra de animales y alimento para ellos.
Previous Loan DetailsLila, 51, is a mother living in her own house with her husband and children. The house has both water and electricity. It is located in the rural part of La Victoria District which belongs to Chiclayo Province. This zone is notedfor its agriculture and most residents are public transportation... More from Lila Gloria's previous loan »
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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Mar 8, 2012
- Apr 13, 2012
- Currency Exchange Loss:
- Mar 15, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.