Alejandro


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Alejandro
Location: Ayacucho, Peru
Activity: Vehicle Repairs

About the Loan

Loan Amount: $850.00
Loan Use: To buy rice and sugar, and for maintenance on his car.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 3, 2009
Date Disbursed: Apr 17, 2009
Date Funded:May 4, 2009
Loan Ended:Sep 15, 2009

About the Country

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



Alejandro is a member of the Retoño Communal Bank. He is 45 years of age, separated and has three children. Alejandro uses his own car to operate a taxi service in the city of Ayacucho. He also has a store in his house from which he sells mostly groceries. His daughter tends the store. Alejandro needs a loan of 2,600 Sols which will be used to buy rice, sugar and for maintenance on his car. He dreams of buying another car, fixing up his house and his store, and providing a good education to his children.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer


Alejandro es socio del Banco Comunal Retoño.
Alejandro es separado, tiene 45 años y 3 hijos, Alejandro realiza taxi en la ciudad de Ayacucho, actividad que realiza con carro propio. Además Alejandro tiene una tienda en su casa en donde vende abarrotes en general, su hija es quien se encarga de la atención.
Alejandro necesita un préstamo de 2600 soles dinero que será invertido en la compra de arroz, azúcar y para el mantenimiento de su carro.
Los sueños de Alejandro son comprar otro carro, mejorar su casa y tienda y brindar una buena educación a sus hijos.

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Journal entries for Alejandro


Loan has been disbursed
 
Entrepreneur: Alejandro
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Alejandro by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
May 5, 2009
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Kiva Help Repayment Schedule for Alejandro

  Expected Repayments Actual Repayments Comments
July 2009 $212.50 $212.50 Repayment Received
August 2009 $212.50 $212.50 Repayment Received
September 2009 $212.50 $212.50 Repayment Received
October 2009 $212.50 $212.50 Repayment Received