Ronal


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ronal
Location: Puno, Peru
Activity: Call Center

About the Loan

Loan Amount: $350.00
Loan Use: To add a telephone cabin to his business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 7, 2009
Date Disbursed: Apr 8, 2009
Date Funded:May 7, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9950 PEN = 1 USD



Ronal is a very conscientious and hard working young man. At the age of 19 he lives in a rented room and what he most desires is to finish his university studies to be able to get ahead in life. His youth was not an impediment for him to open his call center business, which is very busy as it is located in a very central location, the Laykakota market (important market of the city of Puno). He currently has 4 cabins, which gives him the income necessary to pay for his studies. What he most likes about his work is that he can take advantage of the internet that the call center uses to do his university projects and research about some topics. He has been doing this activity for a year and what he likes least is having to remain inside of the business all day long, only closing when he goes to the university. His wishes are to finish his studies and improve his quality of life. This is his first loan with MFP and he is prepared to make all of his payments on time. In his communal bank he is much loved as she is the youngest in the group. With the 1000 soles requested he plans to add another cabin to be able to improve his earnings.

Translated from Spanish by Aimee Sostowski, Kiva Volunteer


Ronal es un joven muy conciente y trabajador, a sus 19 años vive en un cuarto alquilado y lo que más desea es culminar sus estudios universitarios, para poder sobresalir en la vida. Su juventud no fue un impedimento para que pudiera poner su negocio de llamadas telefónicas, el cual es muy concurrido, ya que está ubicado en un lugar muy céntrico, como es el mercado Laykakota (mercado importante de la ciudad de Puno), cuenta actualmente con 4 cabinas, las cuales le dan los ingresos necesarios para pagar sus estudios. Lo que más le gusta de su trabajo es que puede aprovechar el internet que utiliza el locutorio, para realizar sus trabajos universitarios e investigar sobre algunos temas. Lleva un año en esta actividad y lo que menos le gusta es tener que permanecer todo el día dentro de su negocio, teniendo que cerrar sólo cuando va a la universidad. Sus anhelos son terminar sus estudios y mejorar su calidad de vida. Este es el primer préstamo de Ronal con MFP y está dispuesto a pagar todas sus cuotas a tiempo, en su banco comunal es muy querido, ya que es el más joven del grupo. Con los 1000 soles solicitados planea poner una cabina más, para así mejorar sus ingresos económicos.

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Journal entries for Ronal


Loan has been disbursed
 
Entrepreneur: Ronal
Location: Puno, Peru

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


Posted by from Puno, Peru
May 8, 2009
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Kiva Help Repayment Schedule for Ronal

  Expected Repayments Actual Repayments Comments
July 2009 $58.45 $58.45 Repayment Received
August 2009 $58.45 $58.45 Repayment Received
September 2009 $58.45 $58.45 Repayment Received
October 2009 $58.45 $58.45 Repayment Received
November 2009 $58.45 $58.45 Repayment Received
December 2009 $57.75 $57.75 Repayment Received