Carlos


Status: Paying Back

$850.00   Loan Amount
63% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Carlos
Location: Pucallpa, Peru
Activity: Retail

About the Loan

Loan Amount: $850.00
Loan Use: Purchase supplies to restock.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 17, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0200 PEN = 1 USD



Carlos is 33 years old , he lives with his wife and mother of his 2 daughters who are minors. From a very early age he devoted himself to the junkyard (collecting scrap metal), but the business did not do well, so he decided to go into the retail business. He now sells fuel and telephone lines, and has been doing it successfully for a year. What he likes about this business is that it keeps him busy and it is not very tiring, compared to his previous business of collecting scrap metal. This business has been very profitable because fuel and telephone lines are now popular retail items, guaranteeing him a steady income. His customers are hard working people who have steady incomes as well. In the future, Carlos wants to have a grocery store. This is his 6th loan with MFP and what he likes about his community bank is that his colleagues are sincere, responsible and above all, very united. With the money he is requesting, he intends to buy fuel in the amount of 2000 soles, with the remainder he plans to purchase telephone lines to continue supplying his customers.

Translated from Spanish by Mariana Hungria, Kiva Volunteer


Carlos tiene 33 años, vive con su pareja y madre de sus 2 hijas que son menores de edad. Desde muy joven se dedicó a la chatarrería (recolección de chatarra), pero en este negocio no le fue muy bien, por lo que decidió se inclinarse al comercio. Ahora vende combustible y líneas telefónicas, labor que viene ejerciendo desde hace un año y le está yendo bien. Lo que le gusta de estas actividades es que lo mantienen ocupado y no son muy cansadas con lo era la recolección de chatarra. Además le son muy rentables porque el combustible y las líneas telefónicas ya las tiene repartidas y sus ingresos son seguros porque sus clientes son trabajadores con una remuneración regular. Para más adelante, Carlos quiere tener una tienda de abarrotes. Este es su 6to préstamo con MFP y lo que le gusta de su banco comunal es que sus compañeros son sinceros, responsables y sobre todo, muy unidos. Con el dinero que solicita comprará combustible en un monto de 2000 soles, con lo restante comprara líneas telefónica para seguir abasteciendo a sus clientes.

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Journal entries for Carlos


Loan has been disbursed
 
Entrepreneur: Carlos
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Carlos by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Jul 22, 2009
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Kiva Help Repayment Schedule for Carlos

  Expected Repayments Actual Repayments Comments
September 2009 $127.63 $127.63 Repayment Received
October 2009 $132.91 $132.91 Repayment Received
November 2009 $137.61 $137.61 Repayment Received
December 2009 $145.32 $145.32 Repayment Received
January 2010 $150.11 Available Jan 1  
February 2010 $156.42 Available Feb 1