Julita


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Julita
Location: Huancayo, Peru
Activity: Agriculture

About the Loan

Loan Amount: $350.00
Loan Use: Purchase fertilizer
Repayment Term: 8 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: May 31, 2009
Date Disbursed: May 13, 2009
Date Funded:May 31, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0037 PEN = 1 USD



Julita is 37 years old and lives with her husband and 4 children in their own home. For the past 10 years, she has, along with her husband, been engaged in agriculture with the idea of economic growth through this activity and has not rested since. She produces mainly potato, pumpkin and pimento, which, after several months of work, she harvests and sells to the traders in a vegetable market in the city nearest her. Julita gets up early to watch their land and make sure everything is going well, so that the produce will bring a price that will generate good profits. For the future, Julita wants to continue investing her time and money to constantly expand her production. . This is the first time she has taken a loan with MFP, and is well aware that working with her community bank should be done as a team, which she is committed to do. The money she is requesting will be invested in the purchase of 6 bags of fertilizer.

Translated from Spanish by Tim Hassett, Kiva Volunteer


Julita tiene 37 años, vive con su esposo y sus 4 hijos en su casa propia casa. Desde hace 10 años, junto a su esposo se dedica a la agricultura, desde entonces no ha descansado, con la idea de crecer económicamente a través de esta actividad. Principalmente produce papa, rocoto y zapallo, los cuales, luego de varios meses de trabajo, cosecha y lleva a vender a los comerciantes de verduras de un mercado de la ciudad más cercana de su localidad. Julita se levanta muy temprano para observar sus tierras de cultivo y asegurarse de que todo esté andando de la manera correcta, para que la producción pueda tener un precio que le genere buenas ganancias. Para el futuro, Julita desea seguir invirtiendo su tiempo y dinero para incrementar, cada vez más, su producción. Esta es la primera vez que tiene un préstamo con MFP, y está muy conciente de que el trabajo con su banco comunal debe realizarlo en equipo, y es lo que se compromete a emprender. El dinero que está solicitando será invertido en la compra de 6 sacos de abono.

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Lenders to this entrepreneur

Nina
Boston, MA
United States

Marie Louise
Endicott, NY
Sweden

Anonymous
Munich,
Germany

Martin
Landsberg,
Germany

Antti
Helsinki, Helsinki
Finland

Begoña
Luxembourg,
Luxembourg

Dee Waluk-Johnson
Monroe, WA
United States

Dell
Wawanesa, Manitoba
Canada

David
Ottawa,
Canada



Journal entries for Julita


Loan has been disbursed
 
Entrepreneur: Julita
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Julita 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 Huancayo, Peru
Jun 1, 2009
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Kiva Help Repayment Schedule for Julita

  Expected Repayments Actual Repayments Comments
January 2010 $350.00 Available Jan 1