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Orlando

Update on Orlando

Orland, 27, lives in the district of Zaña, a community whose income depends on agriculture, trade, and livestock, and which is located in the province of Chiclayo in the region of Lambayeque, on the northern coast of Peru.

Orlando has been earning a living by sewing clothing for more than 8 years. He also works on his neighbours' farms. He is requesting a loan of 1000 new sols to buy a variety of fabrics to offer to his customers.
View original language description ↓
Orlando tiene 27 años de edad, vive en el distrito de Zaña, una comunidad que se dedica a la agricultura, comercio y ganadería, ubicada en la Provincia de Chiclayo que pertenece a la Región, Lambayeque, costa norte del Perú.


El se dedica a la confección y venta de prendas de vestir desde hace más de 8 años, también brinda servicio agrícola en las fincas de sus vecinos, ha solicitado un préstamo de 1 000 nuevos soles, para la compra de variedad de prendas y de esta manera ofrecerlo a sus clientes.

Previous Loan Details

Orlando is 26 years old, single and lives in a community in the urban area of Zaña, which is in the province of Chiclayo. For over five years, Orlando has been making women’s and men’s clothing to order, based out of his own home. He buys his fabrics wholesale, so that they give him a good price... More from Orlando's previous loan »

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.  
 

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
  • 120
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $375 helped Orlando to buy a variety of fabrics to sell to his customers.
89% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2014
Listed
May 21, 2014
Currency Exchange Loss:
Possible