Edith


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $450.00
Loan Use: To pay for maintenance on the vehicles used in her transportation business.
Repayment Term: 6 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Jul 18, 2009
Date Disbursed: Jun 17, 2009
Date Funded:Jul 19, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Edith is 34 years old. She and her husband live in their own house, along with their two children, ages 14 and 10. For the last year, she has worked in transportation. They have two cars. Her husband drives one of them, and for the other she has hired a driver. Each day, both cars cover the provincial route of their zone and there is no specific day off, unless they need to do maintenance on the vehicles. This business has enabled them to cover the household costs as well as save for another vehicle in the near future. This is the 8th loan Edith has had from MFP. She is very content with the progress she is making and will continue to work with the communal bank. She also enjoys every moment she spends with the other members of the group. She will use the requested loan to cover maintenance costs on the two vehicles.




Translated from Spanish by Emily Charnes, Kiva Volunteer


Edith tiene 34 años, vive con su esposo y sus 2 hijos de 14 y 10 años en su casa propia. Desde hace un año se dedica al transporte y a la ganadería. Tiene dos autos, uno lo maneja su esposo y para el otro ha contratado a un chofer, ambos cubren diariamente la ruta interprovincial de su zona y no tienen un día específico de descanso, salvo que se necesite hacer un mantenimiento técnico a los carros. Este trabajo le ha permitido solventar los gastos familiares y ahorrar para poder adquirir otro carro en un futuro cercano. Esta es la 8va oportunidad que tiene un préstamo con MFP, está muy contenta por su progreso, por lo que continuará trabajando en su banco comunal, ya que disfruta de cada momento que pasa con sus compañeros. El dinero que viene solicitando será invertido en el pago del mantenimiento técnico de sus 2 carros.

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Journal entries for Edith


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

Thank you for your loan. It has been disbursed to Edith by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 3 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 20, 2009
Comment on this entry

Mejora el servicio de transporte y prepara su terreno para la siembra.
 
Entrepreneur: Edith
Location: Huancayo, Peru

Edith ha invertido su préstamo en la compra de dos llantas para sus dos movilidades en el servicio de transporte que brinda, desde entonces es más eficaz su servicio y con las ganancias pudo arrendar un tractor para preparar su tierra para cultivar. Eso le ha permitido anticiparse con tiempo a la siembra y eso favorece en la obtención de una buena cosecha. Ante esto, Edith agradece a todas las personas que le dieran el préstamo y que por medio de Microfinanzas PRISMA obtuviera en créditos ya que ha sido de mucho importancia para generarse otra entrada. Su anhelo es mejorar en el servicio de transporte, adquirir otra movilidad más, extender su terreno de cultivo y mas adelante instalar un establo de ganado vacuno.


Posted by Betsabé Bruno Morales from Huancayo, Peru
Nov 9, 2009
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Kiva Help Repayment Schedule for Edith

  Expected Repayments Actual Repayments Comments
December 2009 $450.00 $450.00 Repayment Received