Mercedes


Status: Paying Back

$575.00   Loan Amount
81% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Mercedes
Location: Lima, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $575.00
Loan Use: Purchasing supplies for making her dishes
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 27, 2009
Date Disbursed: May 7, 2009
Date Funded:May 27, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0250 PEN = 1 USD



Mercedes is a hard-working woman, she is motivated to progress because of her children, for whom she and her spouse put in a lot of effort every day. The possibility of having her own house gave her the opportunity to start her own business, in food sales, since the location of her home lends itself well to this. She has been doing this for 5 years together with her children, who help her serve her customers until late at night every weekend, since the social meetings increase sales. Mercedes is adapting her house to better serve her customers, because currently she can only serve them at the door, but soon she will have an adequate and comfortable place so that they can enjoy the dishes she prepares with such dedication and care, since one of the things she wants to offer her customers is a guaranty of health sanitation. In the time she has been with MFP, they have helped her develop as a person and as an important part of their group, since supportive participations is one of the characteristics of their communal bank. The S./ 1700 that she requests will be used to buy basic foods for her business.

Translated from Spanish by Hannah Lily, Kiva Volunteer


Mercedes es una mujer muy trabajadora, los motivos que tiene para progresar son la superación de sus hijos, por quienes se esfuerza día a día, junto a su esposo. La posibilidad de tener su propia su casa le dio la oportunidad de iniciar su propio negocio de venta de comida, pues la ubicación de su domicilio la beneficia. Esta actividad la realiza hace 5 años junto a sus hijos, quienes la apoyan para atender a sus clientes hasta altas horas de la noche, sobre todo los fines de semana, ya que las reuniones sociales elevan el nivel de ventas. Mercedes está ambientando su casa para ofrecer mejores atenciones, ya que hasta la fecha sólo ha podido atender en la puerta, pero pronto tendrá un lugar adecuado y cómodo para que puedan disfrutar de los deliciosos platillos que prepara con mucha dedicación y cuidado, pues una de las cosas que quiere brindar a sus clientes es garantía de salubridad. Los años que tiene con MFP le sirvieron para desarrollarse como persona y como parte importante dentro de su grupo, ya que la participación solidaria es una de las características de su banco comunal. Los 1700 soles que solicita los usará para comprar alimentos de primera necesidad para su negocio.

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Journal entries for Mercedes


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

Thank you for your loan. It has been disbursed to Mercedes 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 28, 2009
Comment on this entry

Reparó sus carrito de comida.
 
Entrepreneur: Mercedes
Location: Lima, Peru

Mercedes pudo pagar la reparación de su carrito de comida siendo su principal herramienta de trabajo, es así que ofrece atiende con normalidad su tan acostumbrado espacio en donde las personas están muy acostumbradas a recurrir su puesto. Ya que gracias al crédito pudo adicionar su carrito de comida algunas hornillas más para agilizar la preparación de sus platillos. Ella esta muy contenta con este logro y eso se lo debe a todos aquellos que le brindaron su apoyo y a Microfinanzas PRISMA que le accedió el crédito. Asimismo espera cumplir con todos sus pagos ya que espera en un futuro contar con su apoyo. Anhela con el tiempo abrir un restaurante en su casa.


Posted by Betsabé Bruno Morales from Lima, Peru
Oct 6, 2009
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Kiva Help Repayment Schedule for Mercedes

  Expected Repayments Actual Repayments Comments
August 2009 $82.80 $82.80 Repayment Received
September 2009 $90.05 $90.05 Repayment Received
October 2009 $94.72 $94.72 Repayment Received
November 2009 $96.96 $96.96 Repayment Received
December 2009 $103.37 $103.37 Repayment Received
January 2010 $107.10 Available Jan 1