Ida


Status: Paying Back

$850.00   Loan Amount
81% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ida
Location: Pucallpa, Peru
Activity: Crafts

About the Loan

Loan Amount: $850.00
Loan Use: To buy materials and consumables for business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 31, 2009
Date Disbursed: May 11, 2009
Date Funded:Jun 1, 2009

About the Country

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



Ida, a single mother, is 52, is a laboratory technician, and has worked in a hospital for 23 years. She lives with her 2 children, who study courses at university, and her house is her own. As a specialist in the art of handicrafts, she makes plush dolls, bordered in material, adorned with diverse material, among others. She has done this activity for 9 years and has a small workshop in her house, where she also trains a group of single mothers in different styles of handicrafts, so that they can be covered economically. Ida really likes her job because she meets every type of person, and it is also profitable enough to cover the expenses of her home. For the future, Ida wants to have a cleaning product business, additional to her handicraft business. This is her fifth loan with MFP, and she likes to work with her communal bank because they are all working women with the desire to overcome their problems. With the money she is seeking she will buy materials (fabric, precious stones, threads etc) and consumables to begin to prepare what she has learned to start her cleaning business, such as disinfectant liquids, air fresheners, and cleaning products.

Translated from Spanish by Jane McCrory, Kiva Volunteer


Ida es madre soltera, tiene 52 años, es técnica laboratorista y trabaja en un hospital desde hace 23 años, vive junto a sus dos hijos, quienes cursan estudios universitarios y su casa es propia. Como especialista en el arte de las manualidades elabora muñecos de peluche, bordados en tela, adornos en diversos materiales, entre otros. Actividad que viene realizando desde hace 9 años y cuenta con un pequeño taller dentro de su casa donde también capacita a un grupo de madres solteras en diferentes estilos de manualidades para que puedan solventarse económicamente. A Ida le gusta mucho su trabajo porque se relaciona con todo tipo de personas, además le es lo suficientemente rentable para solventar los gastos de su hogar. Para más adelante, Ida quiere tener una empresa de elaboración de insumos de limpieza, adicional a su negocio de manualidades. Este es su 5to préstamo con MFP, y le gusta trabajar con su banco comunal porque son todas mujeres trabajadoras y con ganas de superación. Con el dinero que solicita comprará materiales (telas, pedrerías, hilos, etc) e insumos para empezar a preparar lo que aprendió, como líquidos desinfectantes, ambientadores y limpiadores.

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Journal entries for Ida


Loan has been disbursed
 
Entrepreneur: Ida
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Ida 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 Pucallpa, Peru
Jun 2, 2009
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Kiva Help Repayment Schedule for Ida

  Expected Repayments Actual Repayments Comments
August 2009 $126.84 $126.84 Repayment Received
September 2009 $133.25 $133.25 Repayment Received
October 2009 $138.75 $138.75 Repayment Received
November 2009 $143.88 $143.88 Repayment Received
December 2009 $151.28 $151.28 Repayment Received
January 2010 $156.00 Available Jan 1