Emperatriz


Status: Paying Back

$650.00   Loan Amount
75% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Emperatriz
Location: Huancayo, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $650.00
Loan Use: Increasing merchandise
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 27, 2009
Date Disbursed: Apr 17, 2009
Date Funded:Apr 28, 2009

About the Country

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



Emperatriz is 40 years old and lives in her own home with her husband and their two children. For seven years, she has been selling clothing and footwear. She started off with very little merchandise, but now she is turning a profit. Emperatriz is always attending to her business, and with the support of her kids, she is constantly on the lookout for new fashion trends; most of her customers are young people. Her sales are highest during June and July, and she has considered opening a boutique in the center of her city. This is Emperatriz' second loan with MFP, and she's very happy to be part of this community bank, where she has learned a great deal, including the value of teamwork. With her loan money, Emperatriz plans to acquire more merchandise and clothing.

Translated from Spanish by Corinne Gilroy, Kiva Volunteer


Emperatriz tiene 40 años, vive con su esposo y sus 2 hijos en su casa propia. Desde hace 7 años se dedica a la venta de prendas de vestir y calzado, se inició en este negocio con poca mercadería y hoy ha visto acrecentar su capital de trabajo. La atención que ofrece en su negocio es todo el día, para ello siempre cuenta con el apoyo de sus hijos, Emperatriz busca las nuevas tendencias y moda en las prendas de vestir que vende, ya que generalmente quienes compran su ropa son jóvenes. Los mese que tiene mayores ventas es en los meses de junio y julio, es por ello que con esas ganancias está analizando la posibilidad de tener una boutique en una zona céntrica de su ciudad. Es la segunda vez que Emperatriz tiene un préstamo con MFP, y está muy contenta de ser parte de su banco comunal que le ha enseñado muchas cosas, como trabajar en equipo. El dinero que está solicitando es para la compra de más mercadería en prendas de vestir.

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Journal entries for Emperatriz


Loan has been disbursed
 
Entrepreneur: Emperatriz
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Emperatriz by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 7 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Apr 28, 2009
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Kiva Help Repayment Schedule for Emperatriz

  Expected Repayments Actual Repayments Comments
July 2009 $81.25 $81.25 Repayment Received
August 2009 $81.25 $81.25 Repayment Received
September 2009 $81.25 $81.25 Repayment Received
October 2009 $81.25 $81.25 Repayment Received
November 2009 $81.25 $81.25 Repayment Received
December 2009 $81.25 $81.25 Repayment Received
January 2010 $81.25 Available Jan 1  
February 2010 $81.25 Available Feb 1