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Milagros Del Pilar

Update on Milagros Del Pilar

Milagros del Pilar is 20 years old, lives in Caserío de Cascarrillo, a rural zone of the district of Buenos Aires, a community in a warm client whose friendly population works in agriculture, business and animal husbandry, and is located in the province of Morropon which is part of the Piura region, on the north coast of Perú.

She works selling beer, "chica de jora" (a traditional Peruvian drink made from corn), and clarito ice cream (a drink typical of the Piura region, also made from corn), and also has planted bananas in the back part of her home.

She has asked for a loan of 3,000 nuevos soles from Edpyme Alternativa to purchase fertilizer to maintain her banana crop and a second part to purchase beer to run her business and in this way generate greater income for her family.
View original language description ↓
Milagros del Pilar tiene 20 años de edad, vive en el Caserío de Cascarrillo, una zona rural del Distrito de Buenos Aires, una comunidad de clima caluroso su población es amable se dedican a la agricultura, comercio y ganadería, ubicada en la Provincia de Morropon que pertenece a la Región Piura, costa norte del Perú.


Ella se dedica a la venta de cerveza, chica de jora y el “clarito helado”, una bebida típica de la Región Piura, también tiene sembrado plátano en la parte posterior a su domicilio.


Ha solicitado un préstamo a Edpyme Alternativa de 3 000 nuevos soles para la compra de abonos para el mantenimiento de su cultivo de plátano y una segunda parte para la compra de cerveza para implementar su negocio y de esta manera generar mayores ingresos para su familia.

Previous Loan Details

Milagros de Pilar is 19 years old and she lives with her husband and their daughter in Caserío de Cascarrillo, a rural area in the Buenos Aires district. The area's population mostly works in agriculture, commerce, and in raising animals. The region is located in Piura, on the northern coast of... More from Milagros Del Pilar'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.

Tags

About Peru

  • $12,000
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,075 helped Milagros Del Pilar to purchase beer to run her business.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015