Juan
Status: Paying Back
| $675.00 | Loan Amount |
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64% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Juan |
|---|---|
| Location: | Urcos, Peru |
| Activity: | Musical Performance |
About the Loan
| Loan Amount: | $675.00 |
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| Loan Use: | to purchase a new sound system |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jun 18, 2009 |
| Date Funded: | Jul 1, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asociación Arariwa |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 14 months |
| Kiva Entrepreneurs: | 1953 |
| Total Loans: | $532,000 |
| Delinquency Rate: | 0.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
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| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.9915 PEN = 1 USD |
Juan resides in Urcos, a small community that is located in the Sacred Valley of the Incas, 50 minutes away from the city of Cusco. He 34 years old and has two children with his common-law wife, Ana Cecilia. Juan is a musician and driver. He plays the keyboard and leads a six-member band that performs at weddings, birthday parties and other events. When he isn’t performing, Juan uses his own car to provide a transportation service to Andahuailillas, a nearby town that is 5 minutes away.
Juan wants to purchase a new sound system for his group with this loan. This has been the best source of income for his family.
Juan and Ana Cecilia want their children to study in the university and eventually have a professional career. Juan is a member of a 44-person lending group with Arariwa that receives financial training from a loan officer, and he also participates in the group savings account.
Juan wants to purchase a new sound system for his group with this loan. This has been the best source of income for his family.
Juan and Ana Cecilia want their children to study in the university and eventually have a professional career. Juan is a member of a 44-person lending group with Arariwa that receives financial training from a loan officer, and he also participates in the group savings account.
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Journal entries for Juan
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Loan has been disbursed
Location: Urcos, Peru
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Posted by
from Urcos, Peru
Jul 2, 2009 |
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Comment on this entry
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Repayment Schedule for Juan
Repayment Schedule for Juan
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $101.76 | $101.77 |  Repayment Received
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| October 2009 | $105.84 | $105.83 | Repayment Received
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| November 2009 | $110.07 | $110.07 | Repayment Received
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| December 2009 | $114.47 | $114.47 | Repayment Received
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| January 2010 | $119.05 | Available Jan 1 | |||
| February 2010 | $123.81 | Available Feb 1 | |||
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