Maria Angelica


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: Maria Angelica
Location: Lima, Peru
Activity: Catering

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy a moto-car.
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



Maria is a member of the communal bank "Paz y Desarrollo" (Peace and Development). Maria is married, is 38 years old and has 3 children, ages 18, 17 and 12. The 18-year-old is a university student and the 17 year-old and 12-year-old are students at public schools. Maria studied midwifery for a year. To start her business she purchased a gas oven and began making pastries and she started selling them in bulk to stores in her neighborhood. Her pastries were also sent to stores in outlying areas and to family members and friends that she has in the United States. Since Maria has been in Finca she has really liked the way that they have to help people manage their money well and to motivated them to not be fearful to start a business or to ask for a loan. Maria needs a loan of $1025 (3,000 Soles) to be able to buy a moto-car. Maria's dream is to start a soda shop in her home.


(Translated by Sonia of San Roque High School)

Translated from Spanish by San Roque School, Kiva Volunteer


Maria es socia del Bancomunal Paz y Desarrollo
Maria es casada tiene 38 años tres hijos de 18 esta en la universidad del estado, los de 17 y 12 años están en la escuela estatal.
Maria estudio partería un año, se compro un horno a gas y se ha puso hacer pasteles al por mayor, reparte por su barrio a las tiendas, envía a provincia , también esta enviando a familiares y amigos que tiene en Estados Unidos.
Desde que Maria esta en Finca, le gusta la manera que tienen para hacerle ahorra les alientan a no tener miedo para empezar un negocio, o para pedir un préstamo.
Maria necesita un préstamo de 3000 soles, para la compra de una moto-car al contado.
El sueño de Maria exponer una fuente de soda en su casa.

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Journal entries for Maria Angelica


Loan has been disbursed
 
Entrepreneur: Maria Angelica
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Maria Angelica 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 Maria Angelica

  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