Teodora


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: Teodora
Location: Lima, Peru
Activity: Retail

About the Loan

Loan Amount: $675.00
Loan Use: Buy merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 13, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 18, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9850 PEN = 1 USD



Teodoro, 57, lives with her husband and their two children in a house it took them great effort to build. For many years she sold vegetables in the markets. But, for health reasons she could no longer leave the house. This was not a reason to stop working. She put up a kiosk in the door to her house. She sells every day from nine in the morning until eight at night. This way she can rest in her home and tend her business. Aditionally, she rents rooms. Her house is very large and her older children no longer live there. So that she does not feel lonely, she shares with her renters some of the memories of her life that fill her with joy. Never the less, her desire is to return to work in the market at her old stall that is now rented. But, soon Teodora will return. She has recovered. She has a big desire to invest her savings to buy merchandise for her new stall that will have an improved look.

She has worked with MFP for seven years. This is her fifteenth loan, which reflects the strength and responsibility to grow economically that she and her colleagues have.

The money is for her return to her stall in the market. She will buy merchandise to restart her business.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Teodora tiene 57 años, es casada, junto a su pareja y a sus dos hijos viven en la casa que con mucho esfuerzo lograron construir. Por muchos años se dedicó a la venta de verduras en los mercados, pero por motivos de salud ya no pudo salir de casa, esto no fue impedimento para dejar de trabajar, pues instaló un quiosco en la puerta de su casa, donde vende todos los días desde las nueve de la mañana hasta las ocho de la noche, así descansa en su hogar y atiende su negocio. Adicionalmente, alquila habitaciones, pues su casa es muy grande y sus hijos mayores ya no viven allí, y para no sentirse sola, comparte con sus inquilinos algunos recuerdos de su vida que la llenan de alegría. Sin embargo, su deseo es volver a trabajar en el mercado y ocupar su antiguo puesto que ahora está alquilado, pero pronto regresará a doña Teodora, quien ya está recuperada y tiene muchas ganas de invertir sus ahorros en la compra de mercadería para su nuevo puesto que lucirá mejorado. El tiempo que viene trabajando con MFP es de 7 años, este es su quinceavo crédito, lo que refleja el esfuerzo y responsabilidad que tienen ella y sus compañeras para seguir creciendo económicamente. El dinero que solicita está designado para su retorno a su puesto en el mercado, comprará mercadería para implementar nuevamente su negocio.

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Journal entries for Teodora


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

Thank you for your loan. It has been disbursed to Teodora 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 Lima, Peru
May 19, 2009
Comment on this entry

Aumentó su clientela.
 
Entrepreneur: Teodora
Location: Lima, Peru

Con el crédito que Teodora solicitó, adquirió una vitrina para exhibir dulces en la puerta de su casa ya que las personas están acostumbradas a comprar en su domicilio. Ante esto la clientela fue más numerosa y sus ganancias se incrementaron. Teodora tiene planeado instalar una bodega, ya que cuenta con la gran acogida de sus vecinos y compradores. Por ello está agradecida con Microfinanzas PRISMA institución que confió en ella en cederle el crédito, también agradece al Banco Comunal ya que los miembros de este comunidad trabajan con responsabilidad y compromiso.


Posted by Betsabé Bruno Morales from Lima, Peru
Sep 8, 2009
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Kiva Help Repayment Schedule for Teodora

  Expected Repayments Actual Repayments Comments
July 2009 $101.68 $101.68 Repayment Received
August 2009 $104.34 $104.35 Repayment Received
September 2009 $109.20 $109.19 Repayment Received
October 2009 $114.83 $114.83 Repayment Received
November 2009 $119.62 $119.62 Repayment Received
December 2009 $125.33 $125.33 Repayment Received