Esther


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $525.00
Loan Use: To purchase rice and sugar
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2009
Date Disbursed: May 21, 2009
Date Funded:Jun 8, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9700 PEN = 1 USD



Esther is a member of Communal Bank Marcela. She is 29 years old, and lives with her husband and their 2 children. Alongside her husband, Esther sells groceries in the Ayacuchana Jungle, and transports her goods with a rented car. They sell their goods at different market days around the jungle.

Esther needs a loan of 1500 Soles, which she will invest in purchasing rice and sugar. Her dream is to build her own home and educate her children.


Translated from Spanish by Scott Lucas, Kiva Volunteer


Esther es socia del Banco Comunal Marcela.
Esther es conviviente, tiene 29 años y 2 hijos, Esther junto a su esposo vende abarrotes en general en la selva ayacuchana, sus productos los transporta con un carro alquilado, sus ventas los realiza en las diferentes ferias de la selva.
Esther necesita un préstamo de 1500 soles dinero que será invertido en la compra de arroz, azúcar.
Esther sueña con construir su casa y educar a sus hijos.

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Journal entries for Esther


Loan has been disbursed
 
Entrepreneur: Esther
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Esther by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Jun 9, 2009
Comment on this entry

Kiva Help Repayment Schedule for Esther

  Expected Repayments Actual Repayments Comments
August 2009 $131.25 $131.25 Repayment Received
September 2009 $131.25 $131.25 Repayment Received
October 2009 $131.25 $131.25 Repayment Received
November 2009 $131.25 $131.25 Repayment Received