Angela


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: To purchase alfalfa seeds and barns for her animals
Repayment Term: 12 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Jul 8, 2009
Date Disbursed: Jun 12, 2009
Date Funded:Jul 10, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0450 PEN = 1 USD



Ángela is 44 years old and lives in her own house with her husband and children. She has been selling guinea pigs for more than five years, and has arranged a space in her house for them. She gets up early everyday to clean and feed her guinea pigs so that she can sell them at the local animal market on weekends. She also has people who make requests for events or banquets where the main dish will be guinea pig. With years of experience, Ángela has noticed that this business is very profitable, in addition to the advantage of being at home to attend to her family, which has made her more of an economic support for her family. Ángela’s biggest wish is to have a bigger, more adequate space to raise export quality guinea pigs. This is her seventh loan with MFP and she is very happy to have worked several cycles with the communal bank, where she is known as one of the most collaborating members. The money that she is asking for will be invested in the purchase of seeds to plant alfalfa to feed her guinea pigs and for new barns.

Translated from Spanish by Kathleen O'Connell, Kiva Volunteer


Ángela tiene 44 años, vive en su casa propia junto a su esposo y sus hijos. Desde hace más de 5 años se dedica a la crianza de cuyes, en un espacio que habilitó en su casa para esto. Todos los días se levanta muy temprano para realizar la limpieza y alimentación de sus cuyes para que los fines de semana los venda en la feria de animales de su localidad. También hay algunas personas que le hacen pedidos para evento o banquetes donde el plato principal será el cuy. Con los años de experiencia, Ángela ha notado que este negocio es muy rentable, además de la ventaja de estar en su casa para poder atender a su familia, convirtiéndose en un sostén más de la economía de su familia. El gran deseo de Ángela es tener un espacio más grande y adecuado para criar cuyes con calida de exportación. Esta es la séptima vez que tiene un préstamo con MFP y está muy contenta de haber trabajado durante varios ciclos con su banco comunal, donde es conocida como una de las integrantes más colaboradoras. El dinero que está solicitando será invertido en la compra de semillas para sembrar alfalfa para alimentar a sus cuyes y nuevos galpones.

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Journal entries for Angela


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

Thank you for your loan. It has been disbursed to Angela by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 10 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
Jul 11, 2009
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Kiva Help Repayment Schedule for Angela

  Expected Repayments Actual Repayments Comments
June 2010 $350.00 Available Jun 1