Sara Miguelina Ruiz Ruiz


Status: Paying Back

$700.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Sara Miguelina Ruiz Ruiz
Location: Pucallpa-ucayali, Peru
Activity: Crafts

About the Loan

Loan Amount: $700.00
Loan Use: Materials for decorating shoes; improvement of doors for rooms for rent
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 21, 2009
Date Disbursed: Aug 4, 2009
Date Funded:Aug 21, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9600 PEN = 1 USD



Señora Sara is 63 years old. She and her husband live with their 15-year-old adopted son. Sara has a business making handicrafts such as earring and accessory stands, placemats, and embroidered cloths and towels. She also hand-decorates shoes. Her husband sells cell phones and other phone equipment. Sara and her husband also earn income by renting rooms in their home in the city of Pucallpa.

Sara has been working with Manuela Ramos for nine years and is a member of the communal bank “Las Almendras” (The Almonds). She plans to use this loan of 2000 soles to invest in materials for decorating shoes and also in improving the doors for the rooms that she rents.

Sara can count on her husband’s support for her business ventures. She and her husband are completing the construction of more rooms to rent out on the second floor of their home. Sara also owns a piece of land outside the city where she grows plantains, maize, and fruits. Sara’s goal is to have good earnings from this piece of land (as well as from her other business ventures) so that she can contribute to the household income.


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Journal entries for Sara Miguelina Ruiz Ruiz


Loan has been disbursed
 
Entrepreneur: Sara Miguelina Ruiz Ruiz
Location: Pucallpa-ucayali, Peru

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


Posted by from Pucallpa-ucayali, Peru
Aug 22, 2009
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Kiva Help Repayment Schedule for Sara Miguelina Ruiz Ruiz

  Expected Repayments Actual Repayments Comments
November 2009 $140.00 $140.00 Repayment Received
December 2009 $140.00 $140.00 Repayment Received
January 2010 $140.00 Available Jan 1  
February 2010 $140.00 Available Feb 1  
March 2010 $140.00 Available Mar 1