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Kiva – Loan Number Six

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Niria Nereyda Briceño Medina from Peru has fully repaid a Kiva loan

Location: Trujillo – La Libertad, Peru

Repayment Term: 8 months (more info)

Activity: Electrical Goods

Repayment Schedule: Monthly

Loan Use: To buy antennas and illustrated encyclopedias with CD to stock her business

Currency Exchange Loss: Covered

Mrs. Niria Nereyda Medina is 42 years old, lives in the district of La Esperanza, in the province of Trujillo, in La Libertad, Peru. She has completed secondary school. She has 3 children, who depend economically on her. Niria sells antennas, cut from glass. She develops her business on the corners of the city of Trujillo. With her first loan of 200 soles that she received from the New Hope II Community Bank, she invested in the purchase of products, like cut glass. With this loan of 1700 soles, she will invest in the purchase of antennas and illustrated encyclopedias with a CD to stock her business. Niria dreams of stocking her hardware store so that it grows as a micro-enterprise.

Translated from Spanish by Avni Shah, Kiva Volunteer

La señora Niria Nereyda Briceño Medina tiene 42 años, vive en el Distrito de La Esperanza, provincia de Trujillo, departamento de La Libertad, Perú. Ella estudió Secundaria Completa, tiene 3 hijos que depende económicamente de ella. Niria se dedica a la venta de antenas, cortadores de vidrios, su negocio lo desarrolla en las esquinas de la ciudad de Trujillo. Con su primer crédito de 200 soles que recibió de su Banco comunal Nueva Esperanza II, lo invirtió en la compra de productos como cortadores de vidrios. El crédito de 1700 soles, lo invertirá en la compra de antenas, enciclopedias ilustradas y con CD para implementar su negocio. Niria tiene como sueño implementar su ferretería para crecer como microempresaria

(click to continue reading Kiva – Niria Nereyda Briceño Medina from Peru has fully repaid a Kiva loan.)

 

Written by Seth Anderson

June 22nd, 2009 at 12:24 pm

Posted in Business

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