Rosalina


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: Rosalina
Location: Huancayo, Peru
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $650.00
Loan Use: Purchase potato sacks and pay transportation fees
Repayment Term: 11 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Mar 30, 2009
Date Funded:May 3, 2009

About the Country

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



Rosalina is a 26-year-old woman who lives with her husband and children in a rented home. For 9 years, she has been selling the potatoes that she grows in her father’s crop fields. She sells the produce as a street vendor at the main markets in her region. She preferably works on weekends so that she can look after her young son during the week. Fortunately, her parents and sisters help her out with taking care of her son. So far, Rosalina’s business has been lucrative, and she is planning to produce a greater amount of potatoes to boost sales in the future. This is the second time that she requests a loan from MFP, and she is motivated to move forward by working in a solidarity group at her microfinance institute. The money that she is requesting will be invested in purchasing potato sacks and paying for transporting the crops from the farm to the city.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Rosalina tiene 26 años, vive con su hijos y su esposo en una casa arrendada. Desde hace 9 años se dedica a la venta de papa que cosecha de las tierras de cultivo de su padre, y la vende en las principales ferias de su localidad, ofreciendo de manera ambulante su producto. De preferencia trabaja los fines de semana para que los demás días pueda atender a su pequeño hijo, en estas tareas cuenta con el apoyo de sus padres y sus hermanas. Hasta el momento sus ingresos son rentables y Rosalina está planeando para el futuro, producir más cantidad de papas para incrementar sus ventas. Esta es la segunda vez que tiene un préstamo con MFP, y está muy entusiasmada para seguir adelante con el trabajo solidario de su banco comunal. El dinero que solicita lo invertirá en la compra de sacos para empaquetar la papa y el pago del transporte de la chacra a la ciudad.

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Journal entries for Rosalina


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

Thank you for your loan. It has been disbursed to Rosalina 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
May 4, 2009
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Kiva Help Repayment Schedule for Rosalina

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