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Nilda

Update on Nilda

Nilda belongs to the “Mi Perú” (My Peru) communal bank. She still makes a living selling chicken and cow parts and still travels to her place of birth to sell her goods every weekend.

She has worked in this business for years, which is successful thanks to the effort that she puts into it every day. She also continues to do her housework on the other days of the week. She hopes to continue working in order to continue supporting her family.

Nilda is requesting this loan to buy chicken and cow parts for her business.

Nilda is grateful for the opportunity the loan provides and is committed to making her repayments as scheduled.
View original language description ↓
La socia Nilda pertenece al banco comunal “Mi Perú”,la socia continua dedicandose al negocio de venta de menudencia de pollo y res como tambien continua viajando cada fin de semana a su ciudad natal para vender su mercaderia,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,a la vez la socia continua dedicandose el resto de los dias al cuidado de su hogar,la socia desea poder seguir trabajando para de esta forma poder seguir apoyando a su familia.
La socia solicita el credito para la compra de menudencia de pollo y res para su negocio.

La socia se siente agradecida por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

Previous Loan Details

Nilda, 48, is married and has five children. She belongs to Asociación Arariwa’s “Mi Perú” (My Peru) communal bank. She’s originally from the city of Limatambo but has lived in the city of Cusco for the last four years. She spends Monday through Saturday doing her housework because she’s an ex... More from Nilda'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

  • $6,715
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Nilda to buy chicken and cow parts for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013
This photo was used before for a previous loan for Nilda. It was first posted on Kiva on Aug, 2012. Learn More