Karina


Status: Paying Back

$825.00   Loan Amount
66% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $825.00
Loan Use: To increase inventory.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 14, 2009
Date Disbursed: Jun 15, 2009
Date Funded:Jul 20, 2009

About the Country

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



Karina is 34 years old, and lives with her husband and 4 year old daughter in a rented home. For the past 5 years she has been selling dresses in the city's central market. She has a stand where she sells her products every morning. Karina sells children's clothing, hats, and other goods depending on the season.

Over the course of time, Karina has noticed that her sales have increased, as her sales stand is centrally-located, which allows her to get more clients. In the future, Karina wants to expand her stand and increase her inventory. This is the 2nd time she is receiving a loan from MFP. She is very happy with the work she completed during the previous loan cycle, and looks forward to working for the good of her communal bank. The loan money will be used to purchase more dresses to sell.

Translated from Spanish by Scott Lucas, Kiva Volunteer


Karina tiene 34 años, vive con su esposo y su pequeña hija de 4 años en casa alquilada. Desde hace 5 años se dedica a la venta de prendas de vestir en el mercado central de su ciudad, tiene un puesto de ventas donde diariamente, por las mañanas, atiende a sus clientes. Karina ofrecer ropa para niños, gorros y otros artículos de acuerdo a la temporada y ocasión del año. Durante este tiempo de trabajo ha notado que sus ventas han aumentado, ya que su puesto está ubicado en una zona céntrica que le permite captar mayores clientes y que le sea más rentable. Para más adelante, Karina quiere ampliar su puesto de ventas e incrementar su mercadería. Esta es la segunda vez que tiene un préstamo con MFP, ella está muy satisfecha con la labor que ha realizado en el ciclo anterior y ahora renueva su compromiso de seguir trabajando por el bienestar de su banco comunal. El dinero que viene solicitando será destinado a la compra de más mercadería en prendas de vestir.

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Journal entries for Karina


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

Thank you for your loan. It has been disbursed to Karina by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 6 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 21, 2009
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Kiva Help Repayment Schedule for Karina

  Expected Repayments Actual Repayments Comments
September 2009 $137.61 $137.61 Repayment Received
October 2009 $137.61 $137.61 Repayment Received
November 2009 $137.61 $137.61 Repayment Received
December 2009 $137.61 $137.61 Repayment Received
January 2010 $137.61 Available Jan 1  
February 2010 $136.95 Available Feb 1