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Nancy Yanine

Update on Nancy Yanine

Nancy is a young mother living with her minor daughter in one of the settlements that make up the rural zone of Tambogrande District, a tropical zone noted primarily for growing mangoes that are exported to other countries. The zone belongs to the Piura Region and currently only has electricity.

She’s been working selling clothes from place to place for several years and thanks to other previous loans financed through Kiva she was able to expand the business into selling plastic ware. She currently has quite a large clientele in the zone thanks to the effort she’s put into the work she does.

She was recently hired by a large agricultural estate specializing in fruit production where she works as a laborer. She works mornings in this place and spends afternoons in her original business.

Nancy is very grateful to people who have helped her through Kiva in past occasions and because of the good experience she had she’s now asking for a 2,000 new sol loan to buy more articles of clothing and plastic ware she can use to expand her business with. She gives thanks in advance to all the people who will support her on this occasion.
View original language description ↓
Nancy es una joven madre de familia que reside junto a su menor hija en uno de los caseríos que conforman la zona rural del distrito de Tambogrande, una zona de clima tropical caracterizada principalmente por producir frutas como el mango, las cuales son exportadas a otros países. La zona pertenece a la región Piura y actualmente cuenta solo con el servicio de luz eléctrica.

Ella se ha dedicado desde hace varios años a la venta itinerante de prendas de vestir y gracias a otros créditos financiados a través de Kiva anteriormente pudo ampliar su negocio hacia la venta de artículos confeccionados en plástico. Actualmente cuenta con bastante clientela establecida en la zona debido al empeño que le ha puesto a las labores que realiza.

Recientemente fue contratada por un fundo de la zona especializado en el cultivo de frutas para exportación en donde trabaja como operaria. Ella trabaja por las mañanas en este lugar y por las tardes se dedica a su negocio original.

Nancy se encuentra bastante agradecida con las personas que le han ayudado en anteriores oportunidades a través de Kiva y, debido a la buena experiencia por la que paso, se encuentra solicitando nuevamente un crédito de 2000 nuevos soles que piensa invertir en la compra de más prendas de vestir y artículos de plástico con los cuales pueda ampliar su negocio.

Ella agradece de antemano a las personas que le apoyen en esta oportunidad.

Previous Loan Details

Nancy lives in the district of Tambogrande, a tropical zone in Northern Peru. The area is primarily populated by individuals who work on small fruit plantations or raise animals. Nancy owns her own home, which she shares with her young daughter. She is a single mother, aged twenty-two. Nancy s... More from Nancy Yanine'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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,770,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Nancy Yanine to buy more clothes and plastic items to expand the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 1, 2013