Guadalupe Cortez Pinedo


Status: Paying Back

$525.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Guadalupe Cortez Pinedo
Location: Pucallpa-ucayali, Peru
Activity: Motorcycle Repair

About the Loan

Loan Amount: $525.00
Loan Use: Purchase basic necessities in order to open a grocery store in her home
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Sep 3, 2009
Date Funded:Oct 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9200 PEN = 1 USD



Guadalupe is a cheerful and hardworking woman. She is 43 years old and the mother of 5 children, of whom 3 are adults and 2 are still dependents. She offers vulcanization services (patching tires), which provides employment for one of her children.


Guadalupe has been a member of the Communal Bank "Las Águilas" (The Eagles) for 10 years. She has the support of her husband, who is a motorcar driver. Her first loan of 300 soles was used to buy candy for a business she managed and is thinking about restarting.


With this loan of 1500 soles, Guadalupe will buy basic necessity products (rice, sugar, noodles, milk, etc.) so that she can open a grocery store in her house. Her goal is to have another store selling parts for motorcycles and motorcars.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Guadalupe es una mujer alegre y trabajadora, tiene 43 años de edad y es madre de cinco hijos, de los cuales 3 son mayores de edad y 2 menores aún. Ella tiene una vulcanizadora (parche de llantas), lo apoya uno de sus hijos en este trabajo. Es socia del Banco Comunal “Las Águilas” desde hace diez años, cuenta con el apoyo de su esposo, él maneja su motokar. Su primer préstamo fue de 300 soles, este dinero lo invirtió en la compra de golosinas, negocio que tenía y que piensa retomar.
Con este préstamo de S/. 1,500 soles, ella comprará productos de primera necesidad (arroz,azúcar,fideos,leche ), ya que piensa poner una bodega en su casa. La meta de Guadalupe es tener una tienda de repuestos para motos y motocarros.

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Journal entries for Guadalupe Cortez Pinedo


Loan has been disbursed
 
Entrepreneur: Guadalupe Cortez Pinedo
Location: Pucallpa-ucayali, Peru

Thank you for your loan. It has been disbursed to Guadalupe Cortez Pinedo by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the 4 months of this loan, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa-ucayali, Peru
Oct 17, 2009
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Kiva Help Repayment Schedule for Guadalupe Cortez Pinedo

  Expected Repayments Actual Repayments Comments
December 2009 $131.25 $131.25 Repayment Received
January 2010 $131.25 Available Jan 1  
February 2010 $131.25 Available Feb 1  
March 2010 $131.25 Available Mar 1