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Teresa
Teresa is 62 years old, lives together with her husband in Sorronto Bajo, a rural zone in Oyotun. Her town, two hours from the city of Chiclayo, on the northern coast of Peru, is dedicated to the cultivation of cotton.

She has a small grocery store which has groceries, beer, and frozen popsicles. Her business is located in her very house. She has requested a loan of 1500 nuevos soles to buy the groceries in order to expand her business to generate additional income for her family.
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Teresa tiene 62 años de edad, vive junto a su esposo a Sorronto Bajo una zona rural de Oyotun, su población se dedica al cultivo de algodón a dos horas de la ciudad de Chiclayo, costa norte del Perú.


Tiene una bodega donde ofrece abarrotes, cerveza y marcianos, su negocio se encuentra en su mismo domicilio, ha solicitado un préstamo de 1 500 nuevos soles para la compra de abarrotes en general y de esta manera hacer crecer su negocio generando ingresos adicionales para su familia.

Additional Information

More information about this loan

This product was created to assist Edpyme Alternativa to expand their reach into rural areas of Northern Peru in order to attend more underserved populations. Kiva funding allows the institution to access the Northern areas of the Piura, Lambayeque, and Cajamarca regions, which are generally too costly to serve and therefore less attended by financial institutions.  
 

Tags

About Peru

  • $6,715
    Average annual income
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,963,825
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Teresa to buy groceries to stock her small store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014