Yuli Martha


Status: Paying Back

$550.00   Loan Amount
33% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $550.00
Loan Use: To buy a machine for her curtains
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 11, 2009
Date Disbursed: Sep 3, 2009
Date Funded:Sep 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9300 PEN = 1 USD



Yuli is a member of the United Friends village bank. She is 48 years-old and has three children. The youngest is 15 years old, lives with her, and studies at the public school.

Yuli’s husband has always worked in a curtain tailoring business while Yuli took care of her children. Now that her children are grown, she has decided to start working with her husband in curtain tailoring.

Since joining FINCA, Yuli has been able to save and invest and begin to grow her business. She has bought a sewing machine, and with time she will buy another.

Yuli needs a loan of 1,600 soles to buy a machine for her curtains. Her dream is to have her own workshop because she is currently working out of her in-laws’ workshop.


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Journal entries for Yuli Martha


Loan has been disbursed
 
Entrepreneur: Yuli Martha
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Yuli Martha by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 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 17, 2009
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Kiva Help Repayment Schedule for Yuli Martha

  Expected Repayments Actual Repayments Comments
December 2009 $183.34 $183.34 Repayment Received
January 2010 $91.66 Available Jan 1  
February 2010 $91.67 Available Feb 1  
March 2010 $91.67 Available Mar 1  
April 2010 $91.66 Available Apr 1