Update on MarthaMartha, 42, is married and has two dependent children. She lives in her own home with her family. Her husband works on a large farm and receives stable income every two weeks. The community where they live is 30 minutes from Tambogrande, in the district of Las Lomas. The community wants to get ahead, but they still don't have basic services.
Martha's business is selling groceries, beverages, candy, etc. She also has animals and poultry. She divides the work with her children, who take care of the business while she's not there or taking care of the animals. She has worked selling groceries and beverages for more than six years. The whole family contributes to supporting the household. They're a close and enterprising family.
Martha wants to expand her business, so she has requested a loan for 2500 nuevos soles [PEN] for working capital to buy for her store and to buy balanced animal feed.
She has a great desire for self-improvement and business growth.
La actividad que desarrolla Martha es la venta de abarrotes, bebidas, golosinas, etc. Además cuenta con animales y aves de corral. El trabajo lo reparten entre ella y sus hijos, los cuales a tienden el negocio mientras ella no se encuentra o atiende a los animales. Se dedica a la venta de abarrotes y bebidas hace aproximadamente más de 6 años. Toda la familia contribuye en la manutención del hogar. Son una familia unida y emprendedora.
Martha quiere incrementar sus negocios, es por ello que ha solicitado un crédito de 2500 nuevos soles para compra de capital de trabajo para bodega y compra de alimento balanceado para animales. Cliente cuenta con grandes deseos de superación y crecimiento en el negocio.
Previous Loan DetailsMartha, 41, lives with her husband and children in her own house that does not have basic utilities and is located in Las Lomas District belonging to Piura Department. This zone is characterized by farming and raising livestock. Martha has been selling basic need items (rice, milk, oil, sugar... More from Martha'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.
75View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Aug 17, 2012
- Sep 22, 2012
- Currency Exchange Loss:
- Nov 18, 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.