Maria


Status: Paying Back

$525.00   Loan Amount
14% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Maria
Location: Lima, Peru
Activity: Services

About the Loan

Loan Amount: $525.00
Loan Use: To purchase a washing machine
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 28, 2009
Date Disbursed: Aug 25, 2009
Date Funded:Aug 29, 2009

About the Country

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





Maria is a hard-working mother of a small baby. She lives with her partner and father of her child in her own home. For the past 4 years she has rented washing machines. This activity consists in her renting washing machines to those who request them who take them to their homes for a determined amount of time and pay an agreed rental fee according to the time they will use them and then return the machines to her. With a previous MFP loan, Maria purchased an additional washing machine bringing her total to 5 which has brought her much satisfaction and increased profits. Maria is happy because she knows that her dreams are little by little coming true and she hopes to reach all her goals for the well-being of her daughter and her family. This will be her second loan with PRISMA Microfinances and she promisses to be very punctual with her repayments such as she was with her previous loan. With these funds she will purchase yet another washing machine to further grow her business.

Translated from Spanish by Michael Bujazan, Kiva Volunteer


María es una madre muy trabajadora, tiene 46 años, vive con su pareja y padre de su pequeña bebé, en su casa propia. Desde hace 4 años se dedica al alquiler de lavadoras, actividad que consiste en arrendar sus máquinas de lavado a las personas que se lo solicitan, quienes se las llevan a sus casas para lavar sus prendas, por lo que le pagan a María un monto determinado, según el tiempo de alquiler y luego se la devuelven. Posteriormente, con un préstamo de MFP, María logró comprar otra lavadora y ahora tiene 5, por lo que se siente muy satisfecha, pues su negocio le resulta mucho más rentable. María está feliz porque sabe que poco a poco sus sueños se van haciendo realidad y ella espera poder alcanzarlos todos, por el bienestar de su pequeña hija y de su familia. Esta es su segundo préstamo con Microfinanzas PRISMA y promete ser muy puntual en sus pagos, tal como lo hizo en el ciclo anterior. Con el dinero que viene solicitando comprará otra lavadora para hacer crecer su negocio.

Subscribe

Lenders to this entrepreneur

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Anonymous
Ankeny, IA
United States

Mary Claire
Kennesaw, Ga
United States

psycho

Slovakia

John
Arlington, VA
United States

Paul
Snyder, NY
United States

Matt
London
United Kingdom

Dale

United States

Valérie
SAINT TROPEZ,
France

Jody
Upland, IN
United States

Anina
amesbury, MA
United States

Scott
Ridgefield, Connecticut
United States

John and Debbie
Fort Worth, TX
United States

Anonymous
Cumming, GA
United States

Denise
Sherwood Park, Alberta
Canada

Ruth
Rochester, NY
United States

TAJ
highland village, TX
United States



Top Lending Teams for this entrepreneur


Curious Cats
Common Interest
3 Members

A-Tisket A-Tasket
Friends
38 Members

Libertarian Team
Common Interest
75 Members

Independent Video Game Developers
Common Interest
62 Members

Journal entries for Maria


Loan has been disbursed
 
Entrepreneur: Maria
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Maria by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lima, Peru
Aug 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Maria

  Expected Repayments Actual Repayments Comments
December 2009 $75.82 $75.82 Repayment Received
January 2010 $83.56 Available Jan 1  
February 2010 $87.01 Available Feb 1  
March 2010 $89.40 Available Mar 1  
April 2010 $93.19 Available Apr 1  
May 2010 $96.02 Available May 1