Las Estrellas De Ccenhuacucho Group


Status: Paying Back

$3,775.00   Loan Amount
66% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Las Estrellas De Ccenhuacucho Group
Group Members: Celina
Doris
Ayde Antonia
Aurea
Dionisia
Jacinta
Bertha Agueda
Anita
Marta Alicia
Miriam
Carmen Rosa
Esperanza
Adriana
Soraida
Daniela Liz
Vidia
Sonia
Location: Ayacucho, Peru
Activity: Cereals

About the Loan

Loan Amount: $3,775.00
Loan Use: To buy grains, cheese, small animals, rice, sugar, and combustibles
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 6, 2009
Date Disbursed: Jun 22, 2009
Date Funded:Jul 20, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0350 PEN = 1 USD



The members of the Ccenhuacucho Community Bank are from the Ccenhuacucho community in the Vinchos district in the Huamanga province. The primary activities in the community are potato, barley, wheat, and olluco (root vegetable) farming. Also, there is fish breeding and the raising of cattle and sheep.

Celina is married and has seven children. Celina buys and sells small animals and cheese in the different regional fairs. She does this with the help of her children and her husband. The loan is to buy cheese and small animals. Celina’s dreams are to increase her capital in order to improve her family’s living conditions and to give her children a good education.

Doris is in a common law marriage and has six children. Doris has a store in her house where she sells general groceries. She also has a restaurant. Doris also sells combustibles. She does this with help from her husband, children, and sister. Doris’ dreams are to educate her children and improve her businesses.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


Las socias del Banco Comunal Ccenhuacucho son de la comunidad de Ccenhuacucho, Distrito de Vinchos, Provincia de Huamanga, las actividades principales de la comunidad son la agricultura de papa, cebada, trigo, olluco, también la piscicultura, crianza de ganado vacuno y ovino.
Celina es casada, tiene 7 hijos, Celina compra y vende animales menores, quesos, productos que comercializa en las diferentes ferias de la región con l ayuda de sus hijos y esposo, su préstamo será invertido en la compra de quesos y animales menores. Los sueños de Celina son incrementar su capital para mejorar las condiciones de vida en su familia y brindar una buena educación a sus hijos.
Mientras que Doris es conviviente y tiene 6 hijos, Doris tiene una tienda en su casa en donde vende abarrotes en general, también un restaurante, además Doris vende combustibles, actividades que realiza con la ayuda de su esposo, hijos y hermana, su préstamo será invertido en la compra de combustible. Los sueños de Doris son educar a sus hijos y mejorar sus negocios.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Las Estrellas De Ccenhuacucho Group


Loan has been disbursed
 
Entrepreneur: Las Estrellas De Ccenhuacucho Group
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Las Estrellas De Ccenhuacucho Group, consisting of Celina , Doris , Ayde Antonia , Aurea , Dionisia , Jacinta , Bertha Agueda, Anita , Marta Alicia , Miriam , Carmen Rosa , Esperanza , Adriana , Soraida , Daniela Liz , Vidia , Sonia 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 21, 2009
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Kiva Help Repayment Schedule for Las Estrellas De Ccenhuacucho Group

  Expected Repayments Actual Repayments Comments
September 2009 $629.17 $629.17 Repayment Received
October 2009 $629.17 $629.17 Repayment Received
November 2009 $1,258.34 $1,258.34 Repayment Received
December 2009 $629.17 Available Dec 1  
January 2010 $629.15 Available Jan 1