Check out some available loans that are similar to this one!
Ubaldina
Ubaldina is 36 years old. She is single and has a house made from brick that she was able to build over the years and with the help of her ex-husband. She has a business which consists of a little food store. At first, she worked in agriculture, growing organic cacao and other more commercial products in the area. Nonetheless, 8 years ago, with money she had saved up, she decided to radically change her work and opened a convenience store. At first, it was a little complicated, because she had little capital and didn't acquire very much merchandise. As the years passed, she was able to expand her business. She usually gets products wholesale since that brings in more profits and ensures her merchandise for a longer time. One of her main goals apart from improving and enlarging her business is acquiring a parcel of farmland and renting it out to increase her income with her business. This is her first Kiva loan and she is committed to making her payments on time.

With the 1,000 nuevos soles she has been lent she hopes to stock her business again with sacks of rice and sugar, sodas, preserves and the most popular grains with her customers.
View original language description ↓
Ubaldina de 36 años de edad , es soltera , posee una vivienda construida a base de material noble que logro construir con el paso de los años y el apoyo de su ex esposo.Posee un negocio consistente en una tienda de productos comestibles.Inicialmente se dedicaba a las actividades agrícolas concernientes a la producción de cacao orgánico y otros más comerciales de la zona. No obstante desde hace 8 años y con ahorros que acumulo hasta entonces optó por cambiar radicalmente de rubro apostando así por una tienda de abarrotes.A inicios fue algo complicado puesto que al contar con capital reducido adquirió poca mercadería logrando con el paso de los años ampliar su negocio. Suele adquirir sus productos al por mayor puesto que obtiene mejores ganancias y asegura su mercadería por un periodo mas prolongado.Uno de sus principales objetivos aparte de mejorar y ampliar su negocio es adquirir una parcela de cultivo y alquilarlo para incrementar sus ingresos paralelo a su negocio.Este es su primer préstamo con Kiva y se compromete a pagar sus cuotas de manera puntual.
Con los 1,000 nuevos soles otorgados espera abastecer nuevamente su negocio con sacos de arroz, azúcar, gaseosas, conservas y cereales mas consumidos por su distinguida clientela.

About Peru

  • $6,715
    Average annual income
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ubaldina to buy products such as rice, sugar, preserves and more.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013