Yethy


Status: Paying Back

$675.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Yethy
Location: Lima, Peru
Activity: Jewelry

About the Loan

Loan Amount: $675.00
Loan Use: To buy spare watches, belts, and mirrors
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 3, 2009
Date Disbursed: Jul 23, 2009
Date Funded:Aug 17, 2009

About the Country

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



Yethy is a member of the Always Together (Siempre Juntas) Community Bank. She is 42 years old, lives with her partner, and has 3 children. The two youngest are 11 and 6 years old, and they are studying in a government school. Yethy worked in a store selling toys. After some time, she rented a store and was able to sell watches. She also sells gold and silver. Her business is located in the district of San Juan. Since Yethy has been with Finca, she has learned, through the talks that they have, how to separate capital from earnings and to take her savings book to manage her business better. Yehty needs a loan of 2000 soles to buy spare watches, belts, and mirrors. Yethy’s dream is to have her own store.

Translated from Spanish by Avni Shah, Kiva Volunteer


Yethy es socia del Bancomunal Siempre Juntas.
Yethy es conviviente tiene 42 años, tiene 3 hijos, los dos últimos de 11 y 6 años están estudiando en la escuela estatal.
Yethy trabajaba en una tienda vendiendo juguetes, por años junto su dinero, alquilo una tienda y se puso a vender relojes y también vende oro y plata, en el distrito de San Juan.
Desde que Yethy está en Finca aprendió por las charlas que dan, a como separar el capital de las ganancias, a llevar su libro caja a manejar mejor su negocio.
Yethy necesita un préstamo de 2000 soles, para comprar repuestos de relojes, correas, lunas.
El sueño de Yethy es tener un local propio.

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Journal entries for Yethy


Loan has been disbursed
 
Entrepreneur: Yethy
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Yethy 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 18, 2009
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Kiva Help Repayment Schedule for Yethy

  Expected Repayments Actual Repayments Comments
October 2009 $112.50 $112.50 Repayment Received
November 2009 $112.50 $112.61 Repayment Received
December 2009 $112.50 Available Dec 1  
January 2010 $112.50 Available Jan 1  
February 2010 $112.49 Available Feb 1  
March 2010 $112.51 Available Mar 1