Elizabeth Isla Correa


Status: Paying Back

$600.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Elizabeth Isla Correa
Location: San Martín, Peru
Activity: Bakery

About the Loan

Loan Amount: $600.00
Loan Use: Purchase of wholesale ingredients for her bakery
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 17, 2009
Date Disbursed: Jun 23, 2009
Date Funded:Jul 17, 2009

About the Country

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



Elizabeth belongs to the "Mujeres del Futuro" (Women of the Future) loan group in the Bellavista District of the San Martín department. She is 44 years old and lives with her partner. She has three children, two of whom are still dependent upon her.

Elizabeth is in the business of baking and selling bread. To begin her business she had to overcome many obstacles. She began with a few breads and currently runs her established business out of her own house, a comfortable environment for her. She is very proud and content for having moved forward with the support of the Manuela Ramos organization, who helped her considerably to improve her service. She currently continues to sell bread and has a faithful clientele who visit her house daily to buy her breads. It is Elizabeth who personally attends to them with the charisma that defines her.

With this 1800-sole ($600) loan, she will buy sacks of flour and sugar, yeast, eggs, fat and seasonings. She will also use part of the loan to continue payments for her electric oven, the primary tool she uses to prepare her breads.

Today, Elizabeth is an empowered woman. With her partner's support, they will move forward with the goal of making the dreams and goals that they have mapped out for their lives a reality.

Translated from Spanish by Shanti Singh, Kiva Volunteer


La señora Elizabeth, pertenece al Banco Comunal “Mujeres del Futuro”, Distrito de Bellavista, Provincia Bellavista, Departamento de San Martín. Es Conviviente, tiene 44 años, 03 hijos, 02 que aun depende de ella.

Elizabeth, se dedica a la elaboración y venta de panes, nos comenta que para empezar tuvo que pasar por muchas dificultades, empezó con pocos panes y ahora ya tiene un negocio establecido en su misma casa, en un ambiente muy bien acondicionado, esta muy orgullosa y contenta por haber salido adelante con el apoyo Manuela Ramos que le ayudo bastante a mejorar su servicio.

En la actualidad continua con la venta de panes y tiene una clientela ya fidelizada que a diario acude a su casa a comprar sus panes y es ella quien personalmente les atiende con el carisma que le caracteriza.

Con este préstamo de S/. 1,800.00, comprará harina y azúcar en sacos, levaduras, manteca y mejoradoras, huevos en javas.
Parte del dinero también lo invertirá pagando la inicial de su amazadora eléctrica, herramienta principal para preparar sus panes.

Elizabeth, hoy en día se siente una mujer muy realizada y con el apoyo de su pareja, salieron adelante y hoy se siente con ganas de hacer realidad sus demás sueños y metas que tiene trazada en la vida.

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Journal entries for Elizabeth Isla Correa


Loan has been disbursed
 
Entrepreneur: Elizabeth Isla Correa
Location: San Martín, Peru

Thank you for your loan. It has been disbursed to ELIZABETH ISLA CORREA by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Martín, Peru
Jul 18, 2009
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Kiva Help Repayment Schedule for Elizabeth Isla Correa

  Expected Repayments Actual Repayments Comments
September 2009 $100.00 $100.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $100.00 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1