Moacyr


Status: Paying Back

$350.00   Loan Amount
47% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: maintenance of his motorcar
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 3, 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



Moacyr is 35 years old, married, and has 2 children for whom he works arduously in order to provide them with a better quality of life. Since he was very young he learned to work on various activities, because his family did not have the economic resources to provide him with a superior education. Nevertheless, he learned to drive and this was the manner in which he earned money and covered his expenses. He doesn't dislike working, on the contrary, he enjoys his work and because of this he is able to provide his services with good humor.


Thanks to his efforts he succeeded in saving and acquiring his own motorcar (light 3-wheeled vehicle), with which he is able to transport passengers. He has been doing this activity formally for 8 years. He rises early, considering that the majority of demand is for the mornings when people are leaving for work or school. The 29 loans that Moacyr has had from Microfinanzas PRISMA are reflected in the work and care that he demonstrates as a member of a communal bank where work forms the basis of responsibility. The 1000 soles that he now requests will permit him to repair his motorcar, which requires general maintenance to avoid losses over time.

Translated from Spanish by Lisa Grobar, Kiva Volunteer


Moacyr tiene 35 años, está casado y tiene 2 hijos por quienes trata de trabajar arduamente para brindarles las mejores condiciones de vida. Desde muy joven aprendió a trabajar en varias actividades, ya que su familia no tuvo las posibilidades económicas para brindarle estudios superiores. Sin embargo, aprendió a manejar y esa fue la forma que usó para ganar dinero y solventar sus gastos, pero no le desagrada su trabajo, al contrario, por eso brinda sus servicios con mucho humor. Gracias a este esfuerzo logró ahorrar y adquirir su propio motocarro, con el cual realiza transporte de pasajeros. Esta actividad la viene realizando formalmente desde hace 8 años y desde entonces se levanta muy temprano, pues considera que la mayor demanda es por las mañanas, cuando todas las personas salen rumbo a sus trabajos y estudios. Los 29 préstamos que tiene Moacyr en Microfinanzas PRISMA son reflejo del trabajo y esmero que muestra como miembro del banco comunal donde trabaja en base a la responsabilidad. Los 1000 soles que ahora solicita le permitirán reparar su motocarro, el cual requiere de un mantenimiento general para evitar perdidas con el tiempo.

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Journal entries for Moacyr


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

Thank you for your loan. It has been disbursed to Moacyr by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 4 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
Sep 5, 2009
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Kiva Help Repayment Schedule for Moacyr

  Expected Repayments Actual Repayments Comments
November 2009 $81.55 $81.55 Repayment Received
December 2009 $85.76 $85.76 Repayment Received
January 2010 $89.61 Available Jan 1  
February 2010 $93.08 Available Feb 1