Josefa


Status: Paid Back

$275.00   Loan Request
$275.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Josefa
Location: Puno, Peru
Activity: Cattle

About the Loan

Loan Amount: $275.00
Loan Use: Compra de una ternera
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 27, 2009
Date Disbursed: Apr 1, 2009
Date Funded:Apr 27, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1050 PEN = 1 USD



Josefa is a very hardworking, 26-six-year-old woman, who lives with her 4 children (Raúl 10, Miriam 7, Yudith 5, and Freddy 1) in their own home. Her children are what motivate her. She has been learning to raise cattle her whole life. She learned this work from her parents, who worked hard to give her a good life, when she was a small girl. She brings her cattle to the Sunday fair in the Huancané neighborhood, where she gets a good price since her livestock are the biggest and strongest at the fair due to the good care she gives them. She's been doing this for 6 years and what she likes most is feeding her animals. In the future, she hopes to be able to increase the number of cattle she has and in this way improve her income. The most difficult thing for Josefa is transferring her cattle to the fair because it's very tiring and slow. But she knows that she has to do it and is happy to work hard, hoping to reach her goals. This is Josefa's first loan with MFP and she's aware of the responsibility she has to pay it on time, even though she will have to save bit by bit to do it. She is an active and supportive member of her communal bank which is why she is so respected by the rest. With the 800 soles requested, she plans to buy a calf, which will cost about 700 soles. The rest of the money will be invested in buying fodder for her cattle.

Translated from Spanish by Shelly Hubman, Kiva Volunteer


Josefa es una joven muy trabajadora, tiene 26 años y vive en su propia casa, con sus 4 hijos; Raúl de 10, Miriam de 7, Yudith de 5 y Freddy de 1 año, quienes son el motivo de todos sus esfuerzos. La crianza de ganado es una actividad que ha ido aprendiendo a lo largo de su vida, desde muy niña aprendió este trabajo de sus padres, quienes se esforzaron mucho para darle una buena vida. Lleva a vender su ganado a la feria dominical del distrito de Huancané, donde consigue unos buenos precios, ya que sus reses son las más grandes y fuertes de toda la feria, debido a los buenos cuidados que ella les brinda. Tiene 6 años en esta actividad y lo que más le gusta es alimentar a sus animales, espera más adelante poder incrementar el número de reses que tiene y de esta manera mejorar sus ingresos, lo más difícil para Josefa es trasladar su ganado hasta la feria, ya que le es muy cansado y demoroso, aun así sabe que tiene que hacerlo y está dispuesta a trabajar muy duro con tal de alcanzar sus metas. Este es el primer préstamo de Josefa con MFP y se siente en la responsabilidad de pagarlo a tiempo, aunque para ello tenga que ahorrar poco a poco, en su banco comunal es una socia muy activa y solidaria, motivo por el cual es muy respetada por las demás socias. Con los 800 soles solicitados planea comprar una ternera, la cual le costará aproximadamente 700 soles, el resto del dinero lo invertirá en comprar forraje para su ganado.

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Journal entries for Josefa


Loan has been disbursed
 
Entrepreneur: Josefa
Location: Puno, Peru

Thank you for your loan. It has been disbursed to Josefa 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 Puno, Peru
Apr 28, 2009
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Kiva Help Repayment Schedule for Josefa

  Expected Repayments Actual Repayments Comments
July 2009 $45.72 $45.72 Repayment Received
August 2009 $91.44 $91.44 Repayment Received
September 2009 $45.72 $45.72 Repayment Received
October 2009 $45.72 $45.72 Repayment Received
November 2009 $46.40 $46.40 Repayment Received