Lucinda Ramirez De Garcia

Status: Paying Back

$700
Loan Request
Pre-Disbursed : Aug 4, 2009
Listed: Aug 21, 2009
Funded: Aug 23, 2009
80% repaid

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9600 PEN = 1 USD


About the Loan

Location: Pucallpa-ucayali, Peru   Repayment Term: 7 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: Products for a small general store.   Currency Exchange Loss: Possible
      Default Protection: Covered
Lucinda is 67 years old and is married with two adult children. She and her husband run a small grocery shop together. They also earn income by renting out rooms in their house in the city of Pucallpa.

Lucinda has been working with Kiva partner Manuela Ramos for two years and is a member of the communal bank “Las Almendras” (The Almonds). She will use this loan of 2000 soles to invest in her grocery shop. Lucinda also sells handmade stuffed animals. She used to spend a lot of her time sewing these toys, and even taught classes instructing others on how to make them. Because this project was taking up so much of her time, Lucinda has stopped making her stuffed animals for the time being but continues to sell the stock that remains.

Lucinda has had a good experience working with Manuela Ramos. Lucinda loves to cook and eventually plans to open her own restaurant and soda fountain. She and her husband are in the process of constructing this restaurant.


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Journal entries for Lucinda Ramirez De Garcia


Loan has been disbursed
 
Entrepreneur: Lucinda Ramirez De Garcia
Location: Pucallpa-ucayali, Peru

Thank you for your loan. It has been disbursed to Lucinda Ramirez de Garcia 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 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lucinda Ramirez De Garcia

  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 $140.00 Repayment Received
February 2010 $140.00 $140.00 Repayment Received
March 2010 $140.00 Available Mar 1