Juana


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Juana
Location: Lima, Peru
Activity: Shoe Sales

About the Loan

Loan Amount: $1,175.00
Loan Use: Purchase shoes, sandals and slippers.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2009
Date Disbursed: Apr 24, 2009
Date Funded:Apr 30, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0650 PEN = 1 USD



Juana is a member of the Grandioso Milagro community bank. She is married, is 64 years old, and has four children who are older and married.

Juana began selling in the market as an itinerant but the competition was great, she sold little but still had to bring money home. She had the idea of traveling to the province and taking her goods and saw that there was a new market. She now travels to Cerro de Pazco a la Orolla where she sells in the mining center once a month.

Juana needs a loan of 3600 soles to buy shoes, sandals and slippers for Mother's Day. Since she has been in FINCA, her income has improved, her business has increased and she can buy more merchandise. She is more responsible with the loans that FINCA provides her. Juana's dream is to continue fighting for her business. Although her children no longer want her to work, she wants to continue working.

Translated from Spanish by Cindy Manzo, Kiva Volunteer


Juana es socia del bancomunal Grandiosos Milagro.
Trillo es casada tiene 64 años, cuatro hijos que ya son mayores y están casados.
Juana empezó vendiendo en el mercado como ambulante, pero la competencia era mucha, vendía poco y tenia que llevar dinero a su casa tuvo la idea de viajar a provincia llevando su mercadería allí vio un nuevo mercado, ella ahora viaja a Cerro de Pazco a la Orolla, vende en el centro minero, una vez al mes.
Juana necesita un préstamo de 3600 soles, para la compra de mercadería calzado, por docenas zapatillas sandalias, pantuflas por el día de la madre.
Desde que esta en Finca, su economía ha mejorado, su negocio se ha levantado, puede comprar más mercadería, es más responsable con los préstamos que Finca le da.
El sueño de Juana es seguir luchando por su negocio, aunque sus hijos ya no quieren que trabajen, ella tiene muchas ganas de seguir trabajando.

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Journal entries for Juana


Loan has been disbursed
 
Entrepreneur: Juana
Location: Lima, Peru

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


Posted by from Lima, Peru
May 1, 2009
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Kiva Help Repayment Schedule for Juana

  Expected Repayments Actual Repayments Comments
July 2009 $195.83 $195.83 Repayment Received
August 2009 $195.83 $195.83 Repayment Received
September 2009 $195.83 $195.83 Repayment Received
October 2009 $195.83 $195.83 Repayment Received
November 2009 $195.83 $195.83 Repayment Received
December 2009 $195.85 $195.85 Repayment Received