Julia


Status: Paying Back

$850.00   Loan Amount
47% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $850.00
Loan Use: Purchase of tubes for her well
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 23, 2009
Date Disbursed: Jul 8, 2009
Date Funded:Jul 23, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0138 PEN = 1 USD



Julia is 46 years old. She lives with her husband, who works as a mechanic in a lumber business, her 22-year-old son who is single and employed, and her 14-year-old daughter, who is still in school. Julia constructed a well in the area in front of her house in order to obtain potable water. The well functions as a water main and provides service to over 30 local families. One thing she likes about her work is that she doesn't have to exert herself physically; she only needs to oversee the well's maintenance. She is paid monthly per family, and this business has gone well for the past seven years. In the future, Julia hopes to run a grocery store since her area doesn't have one.

This is Julia's seventh loan with MFP and she enjoys working with her loan group since they don't have problems with each other and support each other whenever problems do arise. With this loan Julia will buy 1500 soles' worth of tubes to supply more families with water. With the rest she will obtain construction materials to repair her home.

Translated from Spanish by Shanti Singh, Kiva Volunteer


Julia tiene 46 años, vive con su esposo quien trabaja como mecánico en una empresa maderera, con su hijo de 22 años que es soltero y trabaja, y con su hija menor de 14 años que está estudiando todavía. Ella mandó a construir un pozo en el terreno frente a su casa para contar con agua potable y de donde brinda el servicio de agua por medio de una red tubular a más de 30 familias de su localidad. Este negocio lo tiene desde hace 7 años atrás y le va muy bien. Lo que le gusta es que no tiene que hacer esfuerzo alguno y solo debe velara por el mantenimiento del pozo. Sus ingresos son mensuales, por cada familia. Posteriormente, Julia quiere tener una tienda de abarrotes porque en su zona no cuentan con una. Este es su crédito número 7 con MFP y le gusta trabajar con banco comunal porque no tienen problemas y todos se apoyan ante cualquier problema. Con el dinero que solicita comprará más tubos para abastecer de agua a más familias, lo que le costará 1500 soles, con lo restante adquirirá materiales de construcción para reparar su vivienda.

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Journal entries for Julia


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

Thank you for your loan. It has been disbursed to Julia 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 24, 2009
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Kiva Help Repayment Schedule for Julia

  Expected Repayments Actual Repayments Comments
October 2009 $128.42 $128.42 Repayment Received
November 2009 $132.58 $132.58 Repayment Received
December 2009 $138.86 $138.86 Repayment Received
January 2010 $144.41 Available Jan 1  
February 2010 $149.77 Available Feb 1  
March 2010 $155.96 Available Mar 1