Marilyn


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Marilyn
Location: Chanchamayo, Peru
Activity: Internet Cafe

About the Loan

Loan Amount: $325.00
Loan Use: Upgrade her computers
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 23, 2009
Date Disbursed: Mar 27, 2009
Date Funded:Apr 23, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0847 PEN = 1 USD



Marilyn is 30 years old, single, and still lives in her mother's house. With great joy and organization she serves each one of the customers who come to her public Internet booths, which she has been running for 3 years. The first years of her business were very profitable, as she did not have any competitors, but now she is feeling the presence of the competition. For this reason she sees the need to increase the number of computers that she has and to increase her connection speed. Even so Martilyn is happy with the profitability of her business, and on the other hand, she counts on the support of her mother, who has provided the building, for which she does not need to pay rent. Consequently, she contributes financially to the daily needs of the house and to her younger brothers by purchasing their school supplies. Likewise, when she has to go out, her brothers take care of her business. This is her first loan with MFP. She is joining a solidarity group, therefore she agrees to pay each one of the payments established by her credit adviser. The money she is requesting is to upgrade the speed of her computers for her best Internet connection.

Translated from Spanish by Heather Nicholson, Kiva Volunteer


Marilyn tiene 30 años de edad, es soltera y aun vive en la casa de su madre. Con mucha alegría y organización atiende a cada uno de sus clientes que acuden a sus cabinas públicas de Internet, las que hace 3 años viene administrando. Los primeros años de su negocio le resultó muy rentable, porque no contaba con competidores, pero ahora está sintiendo la presencia de la competencia, por lo que ve la necesidad de incrementar el número de computadoras que tiene y aumentar la velocidad de su conexión. Aun así Martilyn está contenta por la rentabilidad de su negocio, y por otra parte, cuanta con el apoyo de su madre que le ha facilitado el local, por lo que no tiene la necesidad de pagar alquiler. En consecuencia, aporta económicamente para las necesidades diarias de su casa y apoya a sus hermanos menores con la compra de sus útiles escolares, asimismo cuando ella tiene que salir, sus hermanos atienden su negocio. Este es su primer crédito con MFP, se está integrando a un grupo de solidaridad, por ello, hace compromisos de pagar cada una de las cuotas fijadas por su asesor de crédito. El dinero que solicita es para re potenciar la velocidad de sus computadoras para su mejor conexión a la Internet.

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Journal entries for Marilyn


Loan has been disbursed
 
Entrepreneur: Marilyn
Location: Chanchamayo, Peru

Thank you for your loan. It has been disbursed to Marilyn by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chanchamayo, Peru
Apr 24, 2009
Comment on this entry

Ofrece servicio de internet
 
Entrepreneur: Marilyn
Location: Chanchamayo, Peru

Marilyn esta contenta ya que gracias al crédito que le concedieron pudo invertirlo en la compra de dos Computadoras de segunda mano y con ello implementar su negocio de servicio de Internet. De esa manera su negocio es continuamente visitado por más clientes en su mayoría jóvenes, por tanto ofrece la comodidad y el mejor servicio a su publicó. Marilyn esta muy agradecida con todas las personas que le brindaron el préstamo y que por medio de Microfinanzas PRISMA le accedió en créditos ya que sin ello no hubiera desarrollado su negocio y tampoco no hubiese podido pagar a su madre la renta que le alquila una parte de su casa para instalar su negocio, asimismo darle trabajo a su hermano. Su meta es extender su negocio y aumentar el servicio de Internet ya que así pueda acumular ganancias con lo que podrá solventar los gastos de su familia.


Posted by Betsabé Bruno Morales from Chanchamayo, Peru
Oct 29, 2009
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Kiva Help Repayment Schedule for Marilyn

  Expected Repayments Actual Repayments Comments
June 2009 $54.28 $54.27 Repayment Received
July 2009 $54.28 $54.28 Repayment Received
August 2009 $54.28 $54.28 Repayment Received
September 2009 $54.28 $61.95 Repayment Received
October 2009 $54.28 $100.22 Repayment Received
November 2009 $53.60 $0.00 Repayment Received