Luz Velza


Status: Paying Back

$350.00   Loan Amount
49% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: Buy rice, sugar and drinks
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 15, 2009
Date Funded:Jun 23, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9915 PEN = 1 USD



Luz is a member of the Luz y Vida ("Light and Life") Village Bank. She is 42 years old and is married with four children. She runs a store from her home, where she sells basic grocery itemes, vegetables and meat. She works seven days a week, and her daughter sometimes helps her run the store.

Luz needs a loan of 1000 soles to buy rice, sugar and soda.

Luz dreams of getting ahead in life and that her children will grow up to be working professionals.

Translated from Spanish by Cynthia McMurry, Kiva Volunteer


Luz es socia del Banco Comunal Luz y Vida.
Luz es casada, tiene 42 años y 4 hijos, Luz tiene una tienda en su casa en donde vende abarrotes en general, verduras, carnes. Actividad que realiza todos los días con la ayuda de su hija. Además Luz los días sábados y domingos viaja a las ferias de la región en donde vende ropa.
Luz necesita un préstamo de 1000 soles dinero que será invertido en la compra de arroz, azúcar, bebidas.
Los sueños de Luz son salir adelante y que sus hijos sean profesionales.

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Journal entries for Luz Velza


Loan has been disbursed
 
Entrepreneur: Luz Velza
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Luz Velza 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 Ayacucho, Peru
Jun 24, 2009
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Kiva Help Repayment Schedule for Luz Velza

  Expected Repayments Actual Repayments Comments
September 2009 $58.33 $58.45 Repayment Received
October 2009 $58.33 $58.21 Repayment Received
November 2009 $58.33 $58.33 Repayment Received
December 2009 $116.66 Available Dec 1  
January 2010 $58.35 Available Jan 1