Update on TeolindaTeolinda is a 50-year-old woman. She is a widow and supports only 1 child, since the others are already independent. Her house is her own, and it is made of semi-rustic material. It is located on her plot of farmland, which has mango and lime trees. She harvests these every week, generating income. Her home is located in the Hualtaco II settlement, which is 8 kilometers from Tambogrande. She has electricity service but no water or sewer connections.
The work that the borrower does is running a business raising animals such as turkeys and chickens. She also sells limes which she harvests from her plot of land each week, generating income with which she will be able to pay off the present loan.
The amount of the loan she is requesting is 1500 Peruvian new soles, and she is requesting it to buy feed for her birds and make improvements to their enclosure, in order to keep expanding her business. In this way, she will generate more dividends and grow her business, making herself better known in the area and attracting more customers.
La actividad que desarrolla el titular es el negocio de crianza de animales como pavos, gallinas y también vende limón que cosecha de su parcela semanalmente generándole ingresos con los cuales va a afrontar presente crédito.
El monto del crédito solicitado es de 2000 nuevos soles, y lo solicita para la compra de alimento para sus aves y mejoras en su corral y seguir creciendo en su actividad. De esta manera, genera más dividendos y crece en su negocio, haciéndose conocido en la zona y captando más clientes.
Previous Loan DetailsTeolinda is a 50 year-old widow who supports just one of her children as the others already live independently. Teolinda lives in a rural community which is located 8km from TambogranD. district - Piura. Her home is maD. from coarse building materials (adobe) and doesn't have the basic services… More from Teolinda'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 3, 2012
- Apr 18, 2012
- Currency Exchange Loss:
- Apr 27, 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.