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

Update on Martha

Martha, 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.
View original language description ↓
Martha tiene 42 años de edad, es casada y tiene 2 hijos dependientes. Vive en casa propia con su familia. Su esposo trabaja en fundo estable percibiendo ingresos quincenales. La comunidad donde ella vive se encuentra ubicado a 30 minutos de Tambogrande perteneciente a Distrito de Las Lomas. La comunidad con deseos de superación. Aun no cuentan con servicios básicos.

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 Details

Martha, 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 »

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Martha to buy basic necessities and balanced feed.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013
This photo was used before for a previous loan for Martha. It was first posted on Kiva on Oct, 2011. Learn More