Eusebio Maximo


Status: Paying Back

$675.00   Loan Amount
48% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Eusebio Maximo
Location: Urubamba, Peru
Activity: Motorcycle Transport

About the Loan

Loan Amount: $675.00
Loan Use: Purchase a motorcycle taxi for his son & invest in his other businesses
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 17, 2009
Date Funded:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0150 PEN = 1 USD



Eusebio is a native of Apurimac, but has lived for the past 20 years in the province of Urubamba, which is located in the heart of the Sacred Valley of the Incas. He is 60 years old, married, and has 1 child. Eusebio has held many different jobs (often expressed as “a thousand trades”).


Eusebio is requesting a loan to purchase a motorcycle taxi for his son, who currently does not have his own business. He plans to invest in other small projects as well.


He appreciates the support that this loan will provide and promises to complete his payments as agreed. Eusebio has been working with his Communal Bank for the past 3 years. He has received the support of the other members because he is compliant and makes his payments without any delays.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


El socio Eusebio, es natural de Apurimac, pero residente ya desde hace 20 años en la provincia de Urubamba, ubicada en pleno corazón del valle sagrado de los inkas.

Nuestro socio es casado, tiene 60 años y tiene 1 hijo, el socio hace muchos trabajos diferentes, llamado mil oficios, nuestro socio requiere el préstamo para poder seguir apoyando a su hijo en la compra de un moto taxi así el hace su propio negocio e invertir en otros pequeños proyectos también.

Nuestro socio agradece el préstamo y el apoyo otorgado, se compromete a cumplir con el pago en el plazo establecido como lo ha hecho durante 3 años que lleva trabajando con este banco comunal y con el apoyo de sus compañeros de banco, debido a que este socio es cumplidor y paga sin demoras.

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Journal entries for Eusebio Maximo


Loan has been disbursed
 
Entrepreneur: Eusebio Maximo
Location: Urubamba, Peru

Thank you for your loan. It has been disbursed to EUSEBIO MAXIMO by Asociación Arariwa in Peru. We are excited to watch this business grow. Over the 3 months of this loan, Asociación Arariwa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Urubamba, Peru
Sep 16, 2009
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Kiva Help Repayment Schedule for Eusebio Maximo

  Expected Repayments Actual Repayments Comments
November 2009 $158.95 $159.12 Repayment Received
December 2009 $165.31 $165.49 Repayment Received
January 2010 $171.93 Available Jan 1  
February 2010 $178.81 Available Feb 1