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Gladys Obdulia

Update on Gladys Obdulia

[Gladys] continues with her grocery business. She sells different types of products such as sugar, milk, snacks, soft drinks, and other things. She works every day from about 8:00am to 10:00pm and has had this business for years. Things are going well, thanks to the effort she puts forth each day.

She is asking for this loan to buy merchandise such as soft drinks for her business.

She is happy about the loan and promises to make her payments on time.
View original language description ↓
La socia continua con su negocio de tienda de abarrotes,la socia vende diferentes tipos de productos como arroz,azucar,leche,golosinas,gaseosas entre otros,la socia trabaja todos los dias desde las 08:00am hasta las 10:00pm aproximadamente,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio.
La socia solicita el credito para la compra de mercaderia como gaseosas para su negocio.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

Previous Loan Details

The member continues with her grocery story business such as rice, sugar, milk, pasta and oil. She works from 8 am until 10 pm with this business. She wants to get ahead with her dream and to enlarge the grocery store. She is requesting a loan to buy rice, pasta, flour and oil wholesale. ... More from Gladys Obdulia's previous loan »

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

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
  • 88
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Gladys Obdulia to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Gladys Obdulia. It was first posted on Kiva on Jul, 2012. Learn More