Julia


Status: Paying Back

$350.00   Loan Amount
83% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: Increase in merchandise.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 28, 2009
Date Disbursed: May 11, 2009
Date Funded:May 29, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0150 PEN = 1 USD



Julia is 52 years old and is characterized by her ease in relating to people and giving the necessary care to her kids on her part and their father's part, as her partner travels a lot for his job.
She misses her companion and it makes her very sad. Her desire to occupy her time with some type of activity and to increase her income motivated her to start her own business, which was made possible by her partner sending her money every month. She saved the necessary capital to open a grocery store, where she has now been working for two years.
This business has encouraged her to accept new responsibilities as a trader, and it fostered a spirit committed to the progress of her loved ones. Now, Julia has been thinking of expanding her business with new merchandise and giving the space a new image to attract new customers. Furthermore, she would like the store space to be larger and wants to convert it into a minimarket, the business would help improve their quality of life.
This is her second loan with MFP, and it has helped to improve her relations with people, especially with this group, where everyone works in unity with the aim of improving the organization that makes up the village bank.
With the requested 1000 soles loan she will buy most of the requested goods and furniture to accomodate new products.

Translated from Spanish by Erin Hopkins, Kiva Volunteer


Julia tiene 52 años, se caracteriza por su facilidad de relacionarse con las personas y de brindar a sus hijos el cariño necesario por su parte y por su padre, ya que su pareja viaja mucho por su trabajo. La falta de su compañero la ponía muy triste, y su deseo de ocupar su tiempo en alguna actividad e incrementar sus ingresos económicos la motivaron a iniciar un negocio propio, el cual hizo posible gracias al dinero que su pareja le enviaba todos los meses, fue ahorrando hasta tener el capital necesario para abrir una tienda de comestibles, donde ahora viene trabajando desde hace dos años. Este negocio logró animarla y asumir nuevas responsabilidades como comerciante fomentó en ella un espíritu comprometido con el progreso de sus seres queridos. Ahora, Julia tiene pensado incrementar su negocio con nueva mercadería, dando a su local una nueva imagen que atraiga a nuevos clientes, además cuenta con el espacio necesario para ampliar su bodega, la que quiere convertir en un minimarket, negocio que le ayudará a mejorar su calidad de vida. Este es su segundo crédito con MFP, y su permanencia le ayudó a mejorar sus relaciones con las personas, sobre todo con su grupo, quienes están trabajando de manera unida con la finalidad de mejorar la organización que conforman como banco comunal. Con los 1000 soles que solicita comprará mayor cantidad de mercadería y un mueble para acomodar sus nuevos productos.

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Journal entries for Julia


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

Thank you for your loan. It has been disbursed to Julia 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 30, 2009
Comment on this entry

Se abastece de más productos para su tienda.
 
Entrepreneur: Julia
Location: Lima, Peru

Julia esta muy satisfecha por los logros alcanzados ya que gracias al préstamo pudo ambientar su local, así como abastecerse de productos indispensables para sus clientes, quienes muy contentos por el progreso del negocio de Julia. Ella agradece el crédito que le dieron y que por medio de Microfinanzas PRISMA le ayudo a obtener, siendo este préstamo muy importante y fundamental para invertir en su tienda. Ahora tiene como meta ampliar su negocio, acondicionando nuevos espacios de venta y ofrecer a sus clientes objetos para el hogar.


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

  Expected Repayments Actual Repayments Comments
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 $58.45 $58.45 Repayment Received
January 2010 $57.75 Available Jan 1