Minka Group


Status: Paying Back

$3,650.00   Loan Amount
50% repaid

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Minka Group
Group Members: VALERIANA FABIAN CANCHO
GLADYS INES TAPIA GARCIA DE JIMENEZ
DEYSSY BOHORQUEZ QUISQUICHE VDA DE SOTELO
VICTORIA SOTA PFOCCORI
TEOFILA EUSEBIA HUAURA PISCONTE DE FUNEZ (not pictured)
NORA ANITA ESPINOZA CHOMBO
BERTHA BEATRIZ BALTAZAR GUERRA
MARIA ROSA HUANASCA RENOJO
BEATRIZ JANET FERNANDEZ TAPIA (not pictured)
GLORIA MARIA MENDOZA COVEÑAS
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $3,650.00
Loan Use: PURCHASE OF MERCHANDISE: SNACKS, TOILET TISSUE, AND GENERAL GROCERY ITEMS TO STOCK HER STORE
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 2, 2009
Date Disbursed: Aug 5, 2009
Date Funded:Sep 22, 2009

About the Country

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



“Need is like a barrier that makes you bigger after you've jumped over it" is the phrase Gloria uses as she tells her story. When the company she worked for closed in 1991, she had no choice but to look for another source of income to provide economic stability for her family. With a young child at home, her husband's income was not sufficient to cover their expenses.

Gloria opened a business in the home of her mother, who supported her in this initiative. At first she simply sold items through the window. Ice cream treats were her first products, stored in Styrofoam coolers with dry ice because she had no freezer. Later, she was able to offer a wider range of items, and she converted the side area of her house into a small grocery store.

Gloria also received training in pastry making, with the dream of someday turning her business into a "Panadería & Pastelería Fina," a bakery offering high-quality bread, cakes and pastries. Currently, in addition to working in her shop, she offers custom-made cakes for all types of events: 15th-birthday celebrations, weddings, etc. She also provides advisory services to help people order buffet food and other needed items. This is her true passion, and she hopes one day to fulfill it, "but in the end, above all, it's a question of effort, right?" she says, concluding the interview with the smile of someone who knows that a dream combined with action can become reality.

Translated from Spanish by Patricia Linderman, Kiva Volunteer



“La necesidad es una valla que al ser saltada te hace más grande” es la frase que usó la Sra. Gloria al contar su historia. Cuando la empresa en la que ella trabajaba cerró allá por el año 1991, no le quedó más remedio que buscar otra fuente de ingresos que asegure la estabilidad económica de su familia, ya que teniendo un niño pequeño los ingresos de su esposo no eran los suficientes para cubrir con los gastos.
Abrió un negocio en casa de su madre, quien la apoyó con esta iniciativa, primero vendía a través de su ventana. Helados conservados en cajas de teknopor y hielo seco a falta de congeladora eran sus primeros productos, luego logró surtirse de diversos productos y acondicionar la parte lateral de su domicilio para una bodega.
La Sra. Gloria se capacitó en pastelería con el sueño de un día convertir su negocio en una “Panadería & Pastelería Fina” y es que además de atender en su bodega brinda los servicios de elaboración de tortas para todo tipo de eventos: Quince años, Matrimonios, etc. Donde también brinda asesoría para la contratación de bufetes y demás accesorios. Esta es su verdadera pasión y espera algún día hacerla realidad “pero al fin y al cabo es cuestión de esfuerzo ¿no?” termina la entrevista con una sonrisa de quien sabe que un sueño con acción se convierte en realidad.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

Nadine and Henry
Houston, TX
United States

Andrew Hansen
Toronto, Ontario
Canada

Buchanan Family
www.kivafriends.org, Ramsey, NJ
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Juliana
Apopka, FL
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Anonymous
watchung, NJ
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Barb and Todd
Ridgefield, WA
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Klassenkasse
Goeppingen,
Germany

Raphael
Manchester, ME
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Anonymous

Morgen
Knoxville, TN
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Rory
Washington, DC
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mike
alexandria, VA
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lauren
san mateo, CA
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dslunsford1
Hampton, VA
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Ray
Glasgow, Scotland
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Good Dogg
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Flip & Melissa
Winston Salem, NC
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jake
kincardine, Ontario
Canada

Natasha
Melbourne
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Susan
Ace, TX
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Maureen
Sacramento, CA
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Jon
Otis Orchards, WA
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Bob
Toronto, Ontario
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William
Hoodsport, WA
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SKREENED.COM
Columbus, OH
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Lewis
Sammamish, WA
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Maggie
McLeansville, NC
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Albert
Como, Western Australia
Australia

Jeff L.
Bronx, NY
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Katherine, Stuart & Shen
Minato-ku, Tokyo
Japan

Amnesty14
Montreal, Quebec
Canada

Anita
Upper Sturt, South Australia
Australia

Andres
Kuala Lumpur, Kuala Lumpur
Malaysia

Janas and Sigute
Vilnius,
Lithuania

Joey
Los Angeles, CA
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Gordon
Winamac, IN
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Jaclyn and Kevin Wedding
New York, NY
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Delores
Sydney, Nova Scotia
Canada

Verena
Bad Wildbad,
Germany

Mark
Highland Hts, OH
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Clark
Indianapolis, IN
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LaVine Clan
Harrington Park, NJ
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Dallas Kiva Team
Dallas, TX
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Barbara
Oxnard, CA
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Michael & Christa
The Hague, Zuid-Holland
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Mattias
Gothenburg,
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Anonymous
Oss,
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Suzanne P
Woodbridge, NJ
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Phil & Jean
Honolulu, HI
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David
Amora, Setubal
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Philanthropic Kitty Kat
Duluth, GA
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The Dhar Group
Boston, MA
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Rachel
Santa Clara, CA
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bfb
Arlington, MA
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Anonymous
Mesa, AZ
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Bo
Torup, HALLAND
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Jillian
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UUFM-Micro
Mankato, MN
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Sean
Tiburon, CA
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Trogdor Family
Maryland
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Eugenia
New York, NY
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jeff
New York, NY
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ROBERTO
CHIAVARI, Genova
Italy

Charmaine
Bergen, kivafriends.org
Norway

Serge
Montreal, Quebec
Canada

Anne
Paris,
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Carla
Aloha, OR
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Elif & Laurent
Brooklyn, NY
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Natalie
Redmond, WA
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Jultomten
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Alison & Anna
London, London
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G & S
Sunnyvale, CA
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Nana
Monroe, NC
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Andrew
Edinburgh, Midlothian
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Debbie
Yorba Linda, CA
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Colleen & Bill
Hampshire, IL
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Yola
San Francisco, CA
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Millionaire Mommy ND
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Anonymous
McLean, VA
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Sheila
Salem, OR
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Terry
Barnsley, South Yorkshire
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Anonymous
Barcelona, Barcelona
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Global.Ed
Aldergrove, British Columbia
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Alexandra
Santa Monica, CA
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Robert
Glenwood Springs, CO
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will
cumming, GA
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Tom
Chicago, IL
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Earthman
MA
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Carol
Algonac, MI
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eunan
londonderry, donegal
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Haley
Philadelphia, PA
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Bahram
Van Nuys, CA
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Kathy
Sun City West, AZ
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David
Minnetonka, MN
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2007 Pryor Legacy Class
Liberty, MO
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Kerrien
Sydney, New South Wales
Australia

Barrie Medical Clinic
Barrie, Ontario
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Marty
Jonesville, TX
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Brian & Takami
Pleasanton, CA
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DO IT Foundation
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Amalio
Arlington, VA
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Olav Martin
Oslo,
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Anners
Oakland, CA
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Exsila AG
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Hans
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patrick
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Martha
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Anonymous
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lenchi and margo
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Tracy & Charlie
Washington, DC
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David
Lake Oswego, OR
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Marie
Las Vegas, NV
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Michael
Minoa, NY
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Gerry
Ancaster, Ontario
Canada

Valbona
New York, NY
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Karen
Munhall, PA
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Linda
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Rockin Robby
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Joe
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Great Spirit
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Journal entries for Minka Group


Loan has been disbursed
 
Entrepreneur: Minka Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Minka Group, consisting of VALERIANA FABIAN CANCHO, GLADYS INES TAPIA GARCIA DE JIMENEZ, DEYSSY BOHORQUEZ QUISQUICHE VDA DE SOTELO, VICTORIA SOTA PFOCCORI, TEOFILA EUSEBIA HUAURA PISCONTE DE FUNEZ, NORA ANITA ESPINOZA CHOMBO, BERTHA BEATRIZ BALTAZAR GUERRA, MARIA ROSA HUANASCA RENOJO, BEATRIZ JANET FERNANDEZ TAPIA, GLORIA MARIA MENDOZA COVEÑAS by EDAPROSPO in Peru. We are excited to watch this business grow. Over the 3 months of this loan, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Sep 23, 2009
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Kiva Help Repayment Schedule for Minka Group

  Expected Repayments Actual Repayments Comments
November 2009 $912.50 $912.50 Repayment Received
December 2009 $912.50 $912.50 Repayment Received
January 2010 $912.50 Available Jan 1  
February 2010 $912.50 Available Feb 1