Angela


Status: Paying Back

$525.00   Loan Amount
30% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Angela
Location: Pucallpa, Peru
Activity: Retail

About the Loan

Loan Amount: $525.00
Loan Use: To increase her merchandise and repair her motorcar
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 12, 2009
Date Disbursed: Aug 28, 2009
Date Funded:Oct 5, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9650 PEN = 1 USD



Ángela is 32 years old and lives with her partner and their 2 children in their own house. She sells shoes for women, which she sells at different places in her area on a schedule that she set for herself from 8 in the morning until 2 in the afternoon. What she likes about her work is that it makes her feel active and that she makes an income. Also, she has owned a motorcar for 3 years. A driver drives this vehicle to transport passengers. Both businesses are profitable and help her to strengthen her household finances and provide for her partner. In the future, Ángela wants to start selling clothing, since she thinks she can earn a larger income from this.

This is her fourth loan with MFP and what she likes most about her community bank is that everyone works responsibly, is solidary and is very organized. With the money she is requesting, she will repair her motorcar and will buy more women’s shoes.

Translated from Spanish by Avni Shah, Kiva Volunteer


Ángela tiene 32 años, vive con su pareja y sus 2 hijos en su casa propia. Ella se dedica a la venta de zapatos para damas, los cuales vende por los distintos lugares de su zona, en un horario que ella misma se estableció, de 8 de la mañana a 2 de la tarde. Lo que le gusta de su trabajo es sentirse activa y las ganancias que puede obtener. Además, también es propietaria de un motocarro desde hace 3 años, este vehículo lo conduce un chofer particular dedicado al transporte de pasajeros. Ambos negocios le son rentables y le ayudan a fortalecer la economía de su hogar, además de lo que aporta su pareja. Para el futuro, Ángela quiere empezar a vender ropa, pues cree que podrá obtener mayores ganancias.
Este es su 4to préstamo con MFP y lo que más le gusta de su banco comunal es que todos trabajan responsablemente, son solidarios y muy organizados. Con el dinero que solicita mandará a reparar su motocarro, también comprará más zapatos para dama.

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Journal entries for Angela


Loan has been disbursed
 
Entrepreneur: Angela
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Angela by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Oct 6, 2009
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Kiva Help Repayment Schedule for Angela

  Expected Repayments Actual Repayments Comments
December 2009 $161.71 $161.71 Repayment Received
January 2010 $85.32 Available Jan 1  
February 2010 $88.84 Available Feb 1  
March 2010 $92.78 Available Mar 1  
April 2010 $96.35 Available Apr 1