Rosa


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Rosa
Location: Lima, Peru
Activity: General Store

About the Loan

Loan Amount: $1,125.00
Loan Use: Rosa needs a loan of 3,400 soles in order to purchase merchandise for her shop for mother's day. She's going to buy rice, sugar, oil, and milk at wholesale.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 17, 2009
Date Disbursed: May 7, 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:3.0650 PEN = 1 USD



Rosa is a member of the Mujeres Independientes (Independent Women) Community Bank.

Rosa lives with her partner, is 56 years old, and has six children who are 37, 35, 32, 30 and the youngest is 11 who is studying in public school.

Rosa was working in her stamping workshop in Gamarra and was neglecting her youngest son. She had to leave her job to spend more time with her child and left her eldest son in charge of the business. This is when she decided to start a shop in her home and begin to sell. She purchased a glass case for her shop.

Rosa needs a loan of 3,400 soles in order to purchase merchandise for her shop for mother's day. She's going to buy rice, sugar, oil, and milk at wholesale.

Since joining FINCA, she has learned how a community bank works. She is the treasurer. She learned how to cope as she was very timid. Rosa's dream is to grow her business more with more merchandise.



Translated from Spanish by Kate Divjak, Kiva Volunteer


Rosa es socia del Bancomunal Mujeres Independientes
Rosa es conviviente tiene 56 años, seis hijos de 37, 35, 32,30 y el ultimo de 11 años que está estudiando en la escuela estatal.
Rosa trabajaba en su taller de estampados en gamarra, y descuidaba a su hijo menor, tuvo que dejar el trabajo para pasar más tiempo con su hijo, y dejar a su hijo mayor a cargo del negocio. Es cuando decide poner en su casa una bodega y ponerse a vender, compro una exhibidora, una vitrina para su bodega.
Rosa necesita un préstamo de 3400 soles, para la compra de mercadería para su bodega para el día de la madre, va compra arroz, azúcar, aceite, leche al por mayor.
Desde que está en Finca, aprendió cómo funciona el Bancomunal, ella es titular de la chequera aprendió a desenvolverse, era muy tímida.
El sueño de Rosa es agrandar más su negocio, con más mercadería.

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Journal entries for Rosa


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

Thank you for your loan. It has been disbursed to Rosa by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru 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

Rosa
 
Entrepreneur: Rosa
Location: Lima, Peru

Rosa tiene su bodega en su casa, esta bien surtida, con el préstamo ella compró sacos de arroz, azúcar, y al por mayor leche en diferentes marcas, tambien compró cajas de gaseosas y abarrotes, en su tienda ella vende todo tipo de frutas y verduras eso hace que tenga mas clientas

Rosa cuenta con el apoyo económico de sus hijos y ella ve como ha progresado con los prestamos que recibe periódicamente.


Posted by Patricia Zamudio Núñez from Lima, Peru
Nov 20, 2009
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Kiva Help Repayment Schedule for Rosa

  Expected Repayments Actual Repayments Comments
August 2009 $375.00 $375.00 Repayment Received
September 2009 $187.50 $187.50 Repayment Received
October 2009 $187.50 $187.61 Repayment Received
November 2009 $187.50 $187.39 Repayment Received
December 2009 $187.50 $187.50 Repayment Received