Julia Herminia


Status: Paying Back

$425.00   Loan Amount
50% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Julia Herminia
Location: Lima, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $425.00
Loan Use: To buy flour, butter and eggs
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 4, 2009
Date Disbursed: Jul 22, 2009
Date Funded:Aug 11, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9910 PEN = 1 USD



Julia is a member of Bancomunal San Luis. She is married and has seven children. Her youngest is 12 and goes to public school.

Julia has been working since she was 16 years old. She learned to bake with the woman she used to work for, who baked cakes for a living. When the lady died Julia lost her job, so she started to bake cakes at home. She now sells them to schools and hospitals. She cleans houses on Saturday and Sunday. Julia’s financial resources have increased since she joined Finca. Julia has asked for a loan of 1,200 soles ($425). She will use the money to buy flour, butter and eggs. Her goal is to eventually buy a car to provide school transportation.

Translated from Spanish by Montserrat Zuckerman, Kiva Volunteer


Julia es socia del Bancomunal San Luís.
Julia es casada tiene 7 hijos el ultimo tiene 12 años que esta estudiando en al escuela estatal.
Julia trabaja desde los 16 años, donde trabajaba la señora se dedicaba hacer pasteles y ella aprendió, la señora se murió, Julia se quedo sin trabajo, y se puso en su casa hacer pasteles ella los vende en los colegios, hospitales, los sábados y domingos limpia casas.
Desde que Julia esta en Finca su capital ha crecido.
Julia necesita un préstamo de 1200 soles, para la compra de harina, mantequilla, huevos.
El sueño de Julia es trabajar para comprase un carro para a ser movilidad escolar.

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Journal entries for Julia Herminia


Loan has been disbursed
 
Entrepreneur: Julia Herminia
Location: Lima, Peru

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


Posted by from Lima, Peru
Aug 12, 2009
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Kiva Help Repayment Schedule for Julia Herminia

  Expected Repayments Actual Repayments Comments
October 2009 $70.83 $70.83 Repayment Received
November 2009 $70.84 $70.84 Repayment Received
December 2009 $70.83 $70.83 Repayment Received
January 2010 $70.83 Available Jan 1  
February 2010 $70.84 Available Feb 1  
March 2010 $70.83 Available Mar 1