Check out some available loans that are similar to this one!
Leonilda

Update on Leonilda

Leonilda is a member of the "El Roble" communal bank. She is 64, married, and the mother of nine children. She has been a member of Finca Perú for more than 14 years and owns her own store where wool clothing is sold.

She says that during all this time as a member of Finca Perú, what she has learned the most is the importance of saving and being on time with payments. She says that when she is in a tight spot, or has a financial problem, she can live on her accumulated savings and this way have stability in her life.

Leonilda says that she is seeing her dreams come true, and is grateful to the institution, as now she has her own house and all her children are professionals. With the loan she is requesting, she will invest in the purchase of various kinds of thread, fabric and wool for her business.
View original language description ↓
Leonilda es socia del Bancomunal El Roble y tiene 64 años de edad, es casada y es madre de 9 hijos. Es socia de FINCA Perú hace mas de 14 años y es dueña de su propia tienda donde se vende ropa hecha de lana. Ella dice que durante todo este tiempo como socia de FINCA Perú lo que mas ha aprendido es la importancia de ahorrar y de ser puntual. Ella comenta que cuando tiene un apuro o un problema económico ella puede vivir de sus ahorros acumulados y de esta manera tiene estabilidad en su vida. Leonilda dice que está viviendo sus sueños realizados y agradece a la institución ya que ahora ella tiene su casa propia y todos sus hijos son profesionales. El préstamo que solicita lo invertirá en la compra de varios hilos, telas, y lana para su negocio.

Previous Loan Details

Leonilda is a member of the El Roble Communal Bank. She is 62 and weaves baby clothing and bedspreads. She is married with 9 children and has been a member of Finca Peru for 13 years. Throughout this time, she has been able to meet her goals as a mother and a woman. She was able to build her home... More from Leonilda's previous loan »

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.

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

  • $12,000
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Leonilda to buy various kinds of thread, fabric and wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2012