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Magaly

Update on Magaly

Magaly is a twenty-two-year-old mother of a family. She lives with her husband and children in a house that she owns, though it lacks basic services. It is located in Tambogrande, a district in the Peruvian "departmento" of Piura. The region is characterized by by agricultural activity, ranching, and craft work.

Magaly has made her living for several years by breeding and selling poultry and pigs. She has a corral in back of the house and she feeds them balanced diet, complete with natural grains. Once they reach their optimum growth, she is able to offer them to clients, and with the earnings she pays her family's expenses.

She has requested a loan from Edpyme Alternativa of 1000 PEN in order to buy balanced feed for her animals and improve their corrals. Once the animals fatten, she sells them at different markets in the region with the object of getting the best price for them. This way she is able to have more money and a better quality of life. Magaly is a hardworking and very responsible person, and the only thing she wants is for her family to get ahead.
View original language description ↓
Magaly es una madre de familia de 22 años de edad, vive con su esposo e hijos en su casa propia, la cual no cuenta con servicios básicos, ubicado en el distrito de Tambogrande que pertenece al departamento de Piura. Zona que se caracteriza por la actividad agrícola,ganadera y artesana.

Magaly se dedica desde algunos años a la crianza y comercialización de aves de corral y ganado porcino (cerdos), su corral lo tiene en la parte posterior de su casa, los alimenta con comida balanceada y granos naturales, una vez que lleguen a su crecimiento óptimo los puede ofrecer a sus clientes y con los ingresos que obtenga puede solventar los gastos de su hogar.

Ha solicitado un préstamo a Edpyme Alternativa de 1000 nuevos soles para comprar alimento balanceado para sus animales y mejorar sus corrales, una vez que se engorden los vende a los diferentes mercados de su zona, con la finalidad de que obtenga un mejor precio por ellos y así pueda tener más dinero para tener una mejor calidad de vida. Magaly es una persona trabajadora y muy responsable que lo único que quiere es que su familia salga adelante.

Previous Loan Details

Magaly, 22, lives with her husband and children in a house that she owns. The house lacks basic services. It's located in Tambogrande, a district in the Peruvian "departamento" of Piura. The local people make their living from farming, raising livestock and making and selling traditional craft... More from Magaly's previous loan »

Additional Information

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

  • $6,715
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $56,035,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Magaly to pay for feed and miscellanous improvements for her poultry and pig business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 27, 2013
This photo was used before for a previous loan for Magaly. It was first posted on Kiva on Sep, 2011. Learn More