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

Update on Paulina Julia

Paulina has a carpentry shop. She likes the Community Bank meetings because they are fun and she meets friends. She is thankful with the institution for the credit terms offered. The training sessions are very interesting because they help with the business and family. The new loan requested will be invested in buying raw materials such as wood, lacquer, paint thinner.
View original language description ↓
Paulina tiene un taller de carpintería. Le gustan las reuniones de su Banco Comunal ya que en ella se distrae y conoce amigas. Esta agradecida con la institución por las facilidades de préstamo que ofrecen. Las capacitaciones son muy interesantes ya que ayudan tanto para el negocio y familias. El nuevo préstamo que solicita lo invertirá en la compra de materiales como madera, lacas, tiñer.

Previous Loan Details

Paulina is a member of the Communal Bank “Nueva Vida” (New Life). She is 65 years old and the mother of four children.

Paulina has a carpentry business and started out with very little capital. By growing her business, she was able to buy machines. FINCA helped her to save more money s... More from Paulina Julia'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

  • $6,715
    Average annual income
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,213,250
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Paulina Julia to buy wood, lacquer and paint thinner for her carpentry shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 9, 2013