Teofila


Status: Paying Back

$1,025.00   Loan Amount
66% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy flour, shortening, sugar, and clothes
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2009
Date Disbursed: Jun 3, 2009
Date Funded:Jun 20, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9950 PEN = 1 USD



Teofila is a member of the Paz y Desarrollo Community Bank. Teofila, 64, is a single mother, and she has six grown children.

Teofila is from Huancavelica. She started taking socks and jackets to the province and selling them. She did this for various years until everything was stolen, and she was left without capital.

A friend invited her to participate as a member of Finca. She could start selling clothing again. She also started to help in a popular dining room where she received cake making classes.

She currently makes cakes to sell wholesale, and she sells clothes.

Since Teofila has been in Finca, she has learned to save. She was able to buy a refrigerator with her savings.

Teofila needs a loan for 3,000 PEN for flour, shortening, sugar, and clothes.

Teofila’s dream is to have a pastry shop.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


Teofila es socia del Bancomunal Paz y Desarrollo.
Teofila es madre soltera tiene 64 años, 6 hijos, todos son mayores.
Teofila es de Huancavelica ella empezó vendiendo medias, casacas llevando a provincia, por varios años hasta que le robaron todo y se quedo sin capital. Una amiga le invito a que participara como socia de Finca, y pudo empezar nuevamente vendiendo ropa, también empezó a ayudar en un comedor popular allí recibió clases de pastelería, actualmente hace pasteles al por mayor y vende ropa.
Desde que Teofila esta en Finca, aprendió ahorrar, con sus ahorros pudo comprar su refrigeradora.
Teofila necesita un préstamo de 3000 soles para harina, manteca, azúcar y ropa.
El sueño de Teofila es tener una pastelería

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Journal entries for Teofila


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

Thank you for your loan. It has been disbursed to Teofila by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lima, Peru
Jun 21, 2009
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Kiva Help Repayment Schedule for Teofila

  Expected Repayments Actual Repayments Comments
August 2009 $170.83 $170.83 Repayment Received
September 2009 $170.83 $170.83 Repayment Received
October 2009 $170.83 $170.83 Repayment Received
November 2009 $170.83 $170.83 Repayment Received
December 2009 $170.83 Available Dec 1  
January 2010 $170.85 Available Jan 1