Wilmer


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Wilmer
Location: Tarma, Peru
Activity: Grocery Store

About the Loan

Loan Amount: $500.00
Loan Use: Increase his merchandise
Repayment Term: 12 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Apr 23, 2009
Date Disbursed: Apr 8, 2009
Date Funded:Apr 23, 2009
Loan Ended:Nov 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



Wilmer is 24 years old. He lives with his partner and mother of his son. Not long ago they moved to their own home. In his childhood years he did agricultural work with his parents, but now that he has formed his own family he has new life visions. It is for this reason that two years ago he put a grocery store in his home, with the support and motivation of his wife. And when he has to go shopping in the city to supply his grocery store, he goes with his wife, because she is very good at searching for and negotiating the best prices. Wilmer is very happy with the prosperity of his grocery store. His plans are to increase his business, so that it is more profitable, and to purchase the utensils and appliances that are needed in his house. Wilmer is a very dynamic and active client in each of the activities conducted by his communal bank, and is also very punctual with his payments. This is his 9th loan working with MFP. And the money that he is requesting is to increase the merchandise of his grocery store, so that he can attract more clientele.

Translated from Spanish by Heather Nicholson, Kiva Volunteer


Wilmer cuenta con 24 años de edad, vive con su pareja y madre de su hijo, hace muy poco se mudaron a su propia casa. En los años de su infancia se dedicaba a las labores agrícolas con sus padres, pero ahora que formó su propia familia tiene nuevas visiones de vida, por ello que hace dos años puso una bodega en su casa, con el apoyo y motivación de su esposa. Y cuando tiene que ir de compras a la ciudad para surtir su bodega, van en compañía de su esposa, porque ella es muy buena buscando y negociando los mejores precios. Wilmer está muy contento por la prosperidad de su bodega, sus planes son de ir incrementando su negocio, para que sea más rentable, e ir comprando los utensilios y artefactos que hacen falta en su casa. Wilmer es un cliente muy dinámico y activo en cada una de las actividades que realiza su banco comunal, además es muy puntual en sus pagos. Este es el 9no crédito que viene trabajando con MFP. Y el dinero que solicita es para incrementar la mercadería de su bodega, así podrá captar mayor cantidad de clientela.

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Journal entries for Wilmer


Loan has been disbursed
 
Entrepreneur: Wilmer
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Wilmer by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 9 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tarma, Peru
Apr 24, 2009
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Obtiene una buena cosecha de papa.
 
Entrepreneur: Wilmer
Location: Tarma, Peru

Wilmer comenta que esta más que satisfecho por el préstamo que le dieron, en donde pudo comprar semillas de papa, abono y fertilizantes para sus tierras que lo necesitaban. Desde entonces su situación mejoró, ya que sin el crédito no hubiera podido comprar los implementos para mejorar su cosecha, y se le hubiera arruinado toda la siembra. Aunque el precio de la papa se mantiene estable en el mercado nacional ahora esta más tranquilo porque de alguna manera cuidó del bienestar de su familia asegurando la siembra, que es el único trabajo que los mantiene por ahora. Es así que agradece a todas las personas que lo apoyaron con el préstamo siendo muy importante para su desarrollo. En el futuro desea sembrar mayor cantidad de este producto para comercializarlos, además desea adquirir más ganado vacuno, ya que en la actualidad tiene pocos.


Posted by Betsabé Bruno Morales from Tarma, Peru
Nov 9, 2009
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Kiva Help Repayment Schedule for Wilmer

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $500.00  
April 2010 $500.00 Available Apr 1 Repayment Received