Martha Irene


Status: Paying Back

$675.00   Loan Amount
66% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $675.00
Loan Use: To buy rice, sugar, oil, soap, noodles and good.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 2, 2009
Date Disbursed: Jun 25, 2009
Date Funded:Jul 19, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0250 PEN = 1 USD



Martha is a member of the Community Bank Suni which means Plenty in quechua.
Marths is married, she is 45 years old and has 4 children, Martha has a store at her house where she sells groceries, wood, vegetables, meat, gas and also prepares and sells ice pops at her store.
Martha needs a loan of 2000 soles that will be invested to buy rice, sugar, oil, soap, noodles and wood.
Martha's dream is that her children turn into professionals, and to grow her business to increase her profit.

Translated from Spanish by Nina Delgado, Kiva Volunteer


Martha es socia del Banco Comunal Suni que significa Abundante en quechua.
Martha es casada, tiene 45 años y 4 hijos, Martha tiene una tienda en su casa en donde vende abarrotes, leña, verduras, carne, gas, además prepara chupetes que también vende en su tienda.
Martha necesita un préstamo de 2000 soles dinero que será invertido en la compra de arroz, azúcar, aceite, jabón, fideo y leña.
Los sueños de Martha son que sus hijos sean profesionales, ampliar su negocio para tener mas ganancias.

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Journal entries for Martha Irene


Loan has been disbursed
 
Entrepreneur: Martha Irene
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Martha Irene 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
Jul 20, 2009
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Kiva Help Repayment Schedule for Martha Irene

  Expected Repayments Actual Repayments Comments
September 2009 $112.50 $112.50 Repayment Received
October 2009 $112.51 $112.61 Repayment Received
November 2009 $112.50 $112.40 Repayment Received
December 2009 $112.50 $112.50 Repayment Received
January 2010 $112.50 Available Jan 1  
February 2010 $112.49 Available Feb 1