Giachina


Status: Paying Back

$650.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $650.00
Loan Use: Buy sheep and pigs
Repayment Term: 11 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2009
Date Disbursed: Mar 30, 2009
Date Funded:Apr 29, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0850 PEN = 1 USD



Giachina, 27, lives with her husband and son in a rented house. For 4 years she has sold animals in the principal livestock fairs in her zone. She sells primarily on the week ends and when her neighbors have requests.

In addition to this business, Giachina sells food in the afternoons. In the mornings she tends to the animals and her house. The good thing about her work is that she gets the income needed to sustain her household. In the future, Giachina is thinking of buying a piece of land where she can put a stable for her animals.

This is her second loan with MFP. She is very happy to belong to her community bank because it allows her to grow economically and be in a place filled with friendship. The loan is to buy more animals like sheep and pigs. With these animals she will increase her working capital.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Giachina tiene 27 años, vive con su esposo y su hijo en una casa arrendada. Desde hace 4 años se dedica a la venta de animales en las principales ferias ganaderas de su zona, principalmente los fines de semana y cuando sus vecinos le solicitan. Además de este negocio Giachina se da tiempo para vender comida al paso por las tardes, ya que por las mañanas su actividad es atender a sus animales y su casa. Lo bueno de su trabajo es que obtiene los ingresos necesarios para sostener la economía de su hogar. Para más adelante Giachina está pensando en comprar un terreno donde pueda implementar un establo para sus animales. Es la segunda vez que tiene un préstamo con MFP, y está muy contenta de pertenecer a su banco comunal porque le permite crecer económicamente y tener un espacio de amistad. El dinero que solicita es para la compra de más animales como ovejas y cerdos con los que incrementará su capital de trabajo.

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Journal entries for Giachina


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

Thank you for your loan. It has been disbursed to Giachina by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 8 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 30, 2009
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Kiva Help Repayment Schedule for Giachina

  Expected Repayments Actual Repayments Comments
February 2010 $650.00 Available Feb 1