Catalina


Status: Paying Back

$675.00   Loan Amount
27% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $675.00
Loan Use: To buy seeds and a bull
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 11, 2009
Date Disbursed: May 29, 2009
Date Funded:Jun 12, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0050 PEN = 1 USD



Catalina is 50 years old and lives with her husband and the youngest of their children who is 20 years old. She works in agriculture and livestock; mainly selling cereals (grains that she plants) and raising cattle, which are sold at major cattle fairs in her area.


Catalina works with her husband , since it is very important to ensure the development of their products and the growth of their animals. Because the bigger the grains and the fatter the animals, the higher returns they get at the time of selling. In the future, Catalina wants to start a grocery shop at home to have another source of income that allows them to cope with difficult times when prices for agricultural products are not good.


This is her second loan with MFP. She is committed to work honestly in the management and investment of the money they are requesting, as well as in the repayment of the loan. She will buy cereal seeds and a bull.

Translated from Spanish by Adriana Pierce, Kiva Volunteer


Catalina tiene 50 años, vive con su esposo y el menor de sus hijos que tiene 20 años. Se dedica a las actividades agrícolas y ganaderas, principalmente vende los cereales (granos) que ella misma siembra, además, a la actividad que más tiempo le brinda es a la crianza de ganado vacuno, los cuales vende en las principales ferias ganaderías de su zona. Catalina trabaja junto a su esposo para ambas tareas, pues es muy importante que velen por el desarrollo de sus productos, así como por el crecimiento de sus animales, ya que entre más grandes sus granos y más gordos sus animales, obtendrán mayores ganancias al momento de la comercialización. Para el futuro, Catalina quiere tener una tienda de abarrotes en su casa, así y tener otra fuente de ingresos para afrontar los tiempos difíciles, cuando los precios de los productos agrícolas no les favorezcan.Este es su segundo préstamo con MFP, está comprometida a realizar un trabajo honrado y transparente en la gestión del dinero que solicita, tanto en invertirlo adecuadamente como en la devolución del mismo. En esta oportunidad comprará semillas de cereales y un torete.

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Journal entries for Catalina


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

Thank you for your loan. It has been disbursed to Catalina by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 12 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 13, 2009
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Kiva Help Repayment Schedule for Catalina

  Expected Repayments Actual Repayments Comments
September 2009 $41.11 $41.11 Repayment Received
October 2009 $46.48 $46.48 Repayment Received
November 2009 $48.40 $48.40 Repayment Received
December 2009 $51.14 $51.21 Repayment Received
January 2010 $52.52 Available Jan 1  
February 2010 $55.28 Available Feb 1  
March 2010 $56.46 Available Mar 1  
April 2010 $59.75 Available Apr 1  
May 2010 $62.86 Available May 1  
June 2010 $64.38 Available Jun 1  
July 2010 $67.24 Available Jul 1  
August 2010 $69.38 Available Aug 1