Hilda


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $675.00
Loan Use: Purchase more product to sell
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 10, 2009
Date Disbursed: Apr 16, 2009
Date Funded:May 11, 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



Hilda is 37 years old. She lives with her husband, Jesús, and her son Yomar, age 6, in a house that they own. For the past year, Hilda and her husband have been buying and selling wood to cover the expenses of little Yomar. They named their business after Yomar, and it has delivered good results thanks to the hard work that they put into it. Jesus travels constantly to other provinces to delver the orders that they receive. This business has been very profitable, and their services in high demand, and they earn good money on each of their sales.

Hilda has always liked sales. Even though she sometimes has to deal with unfortunate situations, like clients who don't pay for their orders on time and have to be reminded constantly to pay, she has always put a lot of energy and desire into her work. She is not alone, she has her husband, and, why not - little Yomar who support her in all of the work she undertakes. They make a good team and hope to get ahead and improve their future prospects. This is Hilda's first loan with MFP and she promises to be very punctual and responsible for all of her payments. With the money she is requesting she plans to buy a larger quantity of wood to sell in other provinces and increase their sales.


Translated from Spanish by Michele Magrino, Kiva Volunteer


Hilda tiene 37 años, vive con Jesús, su esposo y su hijo Yomar de 6 en su casa propia. Ambos se dedican a la compra y venta de madera, desde hace un año para cubrir los gastos de su pequeño Yomar, nombre que le pusieron en honor a su negocio, el cual les arroja bueno resultados gracias a todo el empeño que le ponen, ya que Jesús viaja constantemente a otras provincias para dejar los pedidos que le hacen. Este negocio le resulta muy rentable, siendo sus servicios muy cotizados y obteniendo un buen dinero por todas sus ventas. A Hilda siempre le ha gustado su negocio y aunque a veces hay cosas feas como que la gente no paga a tiempo sus pedidos y tiene que estar detrás para cobrarles, siempre ha puesto mucha energía y ganas a su trabajo, ya que no está sola, cuenta con su esposo, y porque no, el pequeño Yomar también la apoya en todas las labores que tienen que realizar, haciendo un buen equipo con el cual espera salir adelante en bien de su porvenir. Este es su primer préstamo con MFP y se compromete a ser muy puntual y responsable en todos sus pagos. Con el dinero que solicita es para comprar mayor cantidad de madera para vender en otras provincias y aumentar sus ventas.

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Journal entries for Hilda


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

Thank you for your loan. It has been disbursed to Hilda by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lima, Peru
May 12, 2009
Comment on this entry

Compraron más madera para su venta.
 
Entrepreneur: Hilda
Location: Lima, Peru

Con el préstamo que le dieron, Hilda y su esposo compraron un gran número de madera para su comercialización en provincia.

Es así que lograron tener mayores ingresos económicos y de esa manera mejoró su negocio y economía. Ella y su familia están muy contentos y agradecidos por el crédito que le otorgaron, ya que con ello puede cristalizar sus ilusiones de extender su negocio dentro de su casa, lugar donde ejecutan su trabajo, asimismo agradece a Microfinanzas PRISMA por haber accedido el préstamo y por el cual ella se compromete de pagar puntualmente sus cuotas. Con el tiempo espera construir un gran depósito para que pueda almacenar y cuidar la madera que compran para su posterior distribución.


Posted by Betsabé Bruno Morales from Lima, Peru
Oct 1, 2009
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Kiva Help Repayment Schedule for Hilda

  Expected Repayments Actual Repayments Comments
July 2009 $100.52 $100.52 Repayment Received
August 2009 $105.60 $105.60 Repayment Received
September 2009 $110.60 $110.60 Repayment Received
October 2009 $114.54 $114.54 Repayment Received
November 2009 $119.28 $119.28 Repayment Received
December 2009 $124.46 $124.46 Repayment Received