Mercedes Vargas Souza
Status: Paying Back
| $400.00 | Loan Amount |
|---|
50% repaid
About the Entrepreneur
| Name: | Mercedes Vargas Souza |
|---|---|
| Location: | Pucallpa-ucayali, Peru |
| Activity: | Restaurant |
About the Loan
| Loan Amount: | $400.00 |
|---|---|
| Loan Use: | Rice, sugar, oil and other products for a restaurant business |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 1, 2009 |
| Date Disbursed: | Aug 21, 2009 |
| Date Funded: | Sep 5, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Manuela Ramos / CrediMUJER |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 6116 |
| Total Loans: | $2,785,450 |
| Delinquency Rate: | 0.04% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 3.0150 PEN = 1 USD |
Mercedes is 55 years old and is married with five children, all of whom are independent. She sells cooked food from the front porch of her home in the evenings. Her husband is a teacher.
Mercedes has been working with Kiva partner Manuela Ramos for ten years and is a member of the communal bank “Virgen de la Natividad.” She plans to invest this loan of 1,200 soles in rice, sugar, and oil for her restaurant business.
Mercedes has always been an active member of her communal bank and has always made her loan payments on time. With the help of her loans and her business venture, Mercedes has been able to contribute to paying household expenses. Mercedes’ dream is to build her own restaurant. At the moment, she has only one table to accommodate her customers.
Mercedes has been working with Kiva partner Manuela Ramos for ten years and is a member of the communal bank “Virgen de la Natividad.” She plans to invest this loan of 1,200 soles in rice, sugar, and oil for her restaurant business.
Mercedes has always been an active member of her communal bank and has always made her loan payments on time. With the help of her loans and her business venture, Mercedes has been able to contribute to paying household expenses. Mercedes’ dream is to build her own restaurant. At the moment, she has only one table to accommodate her customers.
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Journal entries for Mercedes Vargas Souza
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Loan has been disbursed
Location: Pucallpa-ucayali, Peru
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Posted by
from Pucallpa-ucayali, Peru
Sep 6, 2009 |
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Comment on this entry
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Repayment Schedule for Mercedes Vargas Souza
Repayment Schedule for Mercedes Vargas Souza
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $100.00 | $100.00 |  Repayment Received
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| December 2009 | $100.00 | $100.00 | Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
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