Simona


Status: Paying Back

$675.00   Loan Amount
66% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Simona
Location: Juliaca, Peru
Activity: Metal Shop

About the Loan

Loan Amount: $675.00
Loan Use: To purchase materials for her workshop.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 26, 2009
Date Disbursed: Jun 23, 2009
Date Funded:Jul 26, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0350 PEN = 1 USD



Simona is 50-years-old, and since she was very young, she has been concerned with getting ahead in life. She lives in her own house, and what she wants the most is to improve her quality of life. She has a business doing metal work. In her workshop, she molds the metal and coverts it into diverse forms like wheelbarrows, desks, chairs, etc. She also repairs broken things to generate extra income. She currently works with an assistant, who does the work that requires more physical effort. What she likes the most about her job is fixing broken things that people bring her because she fixes them very well even though she is a woman. She has done this work for 15 years, and the thing that she likes the least is having to obtain metals to mold because transporting them is hard and tiring. This is Simona's third loan with Microfinanzas Prisma, and just like with her other loans, she is willing to make all of her payments on time. She is very loved in her communal bank because she always worries about others' well-being. With this loan of 2,000 PEN that she is requesting, she will buy new materials to make metal items and to fix broken items.

Translated from Spanish by Tanya Harper, Kiva Volunteer


Simona tiene 50 años, desde muy joven se preocupó por salir adelante en la vida, vive en su casa propia y lo que más desea es mejorar su calidad de vida. Su negocio son los metales, en su taller los moldea y los convierte en diversas estructuras, como carretillas, escritorios, sillas, etc, también aprovecha para arreglar cosas malogradas, lo que le genera un ingreso extra. Actualmente trabaja con un ayudante, quien realiza todos los trabajos de mayor esfuerzo físico. Lo que más le gusta de su trabajo es arreglar las cosas malogradas que le traen, ya que aunque es mujer arregla muy bien los artefactos, lleva 15 años en esta actividad y lo que menos le gusta es tener que conseguir los metales para moldear, ya que transportarlos le resulta muy pesado y cansado. Para el futuro espera hacer crecer su negocio y convertirlo en uno de los principales de la ciudad. Este es el tercer préstamo de Simona con MFP y al igual como hizo con sus primeros créditos está dispuesta a pagar todas sus cuotas a tiempo. En su banco comunal es muy querida, ya que siempre se preocupa por el bienestar de los demás. Con los dos mil nuevos soles solicitados comprará nuevos materiales para la fabricación de estructuras metálicas y el arreglo de artefactos malogrados.

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Journal entries for Simona


Loan has been disbursed
 
Entrepreneur: Simona
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Simona 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 Juliaca, Peru
Jul 27, 2009
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Kiva Help Repayment Schedule for Simona

  Expected Repayments Actual Repayments Comments
September 2009 $112.39 $112.39 Repayment Received
October 2009 $112.39 $112.39 Repayment Received
November 2009 $112.38 $112.38 Repayment Received
December 2009 $112.39 $112.39 Repayment Received
January 2010 $112.39 Available Jan 1  
February 2010 $113.06 Available Feb 1