Silvia


Status: Paying Back

$500.00   Loan Amount
50% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $500.00
Loan Use: To buy a freezer for her store
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 4, 2009
Date Disbursed: Aug 28, 2009
Date Funded:Sep 5, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9400 PEN = 1 USD



Silvia is a member of The Dawn village bank. She is 41 years old, married, and has three children who are 20, 17, and 1. Her two eldest are studying in a technical institute and she takes care of her 1-year-old daughter.

Silvia started selling beauty products via catalogue. She joined her village bank four years ago and decided to start a convenience store. She began buying showcases and supplies and little by little her store has been growing.

Since she joined FINCA Silvia’s working capital has increased and her business has grown. She is happy because she has received rewards for making her loan payments on time.

Silvia needs a loan of 1,400 soles to buy a freezer because she doesn’t want her food to spoil. Her dream is to grow her business and to renovate her showcase cabinets.


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Journal entries for Silvia


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

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


Posted by from Lima, Peru
Sep 6, 2009
Comments (1)

Kiva Help Repayment Schedule for Silvia

  Expected Repayments Actual Repayments Comments
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 $125.00 Repayment Received
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1