Amarilis Del Establo Group


Status: Paying Back

$1,325.00   Loan Amount
25% repaid

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Amarilis Del Establo Group
Group Members: JACQUELINE LUZMINA ORTEGA ROJAS
BERNARDINO LEON ROQUE
OLGA LIDIA VARGAS TOLEDO
MARIA NERI RODRIGUEZ BUSTAMANTE
MARISABEL AIDA DAVALOS FUERTES
GUISELA GERARDA SOSA SOSA
DEYSI OLINDA ALAYO TOLEDO
AIDA LIZANDRA AMARO FUERTES
SIMEON VEGA QUIÑONES
JESSICA DAVALOS FUERTES
Location: Location Undisclosed, Peru
Activity: Restaurant

About the Loan

Loan Amount: $1,325.00
Loan Use: Invest in supplies for the business.
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 7, 2009
Date Disbursed: Sep 22, 2009
Date Funded:Oct 17, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8808 PEN = 1 USD



Olga Lidia Vargas Toledo, who appears seated in the photograph, is 26 years old, a single mother of three small children that are her reason for being and her incentive to work hard and get them ahead.
She makes a living selling grilled skewered meat at one of the main avenues, from 3 in the afternoon to 11 at night.
Mrs. Olga has worked in this business since she was a child, helping her father. She is now in charge, since her father is now older, and she needs to have income to be able to support her children.
Mrs. Olga tells us that she has always been very hard working. She likes to make money through hard work and be independent. Thanks to her efforts she has been able to buy some items for her home, provide an education for her small children and support her home by herself.
Her current goal is to have her own place of business where she can offer her food and attend to her customers in comfort. Most of all she would like for her children not to have to be on the street while she is working, because in order to be able to work, she needs to take them with her and watch them as she works.
The requested loan will be invested in supplies for the preparation of the meat skewers (anticuchos).

Translated from Spanish by Laura Bobbit, Kiva Volunteer


OLGA LIDIA VARGAS TOLEDO, A QUIEN APRECIAMOS EN LA FOTOGRAFÍA SENTADA; TIENE 26 AÑOS, ES MADRE SOLTERA Y TIENE TRES PEQUEÑOS HIJOS QUE SON SU RAZON DE SER Y EL ALICIENTE PARA TRABAJAR DURO,PARA PROGRESAR Y SACAR ADELANTE A SUS HIJOS.
ELLA SE DEDICA A LA VENTA DE ANTICUCHOS DE MANERA AMBULATORIA, UBICADA EN UNA AVENIDA PRINCIPAL, DESDE LAS 3 DE LA TARDE HASTA LAS 11 DE LA NOCHE.
LA SRA. OLGA,ES UNA MUJER QUE DESDE MUY PEQUEÑA HA TRABAJADO APOYANDO A SU PADRE EN ÉSTE NEGOCIO,ES POR ESO QUE AHORA, ELLA HA QUEDADO A CARGO YA QUE SU PAPI TIENE UNA EDAD AVANZADA, Y ADEMÁS PORQUE NECESITABA TENER UN INGRESO PARA PODER MANTENER A SUS HIJOS.
NOS COMENTA LA SRA OLGA, QUE ELLA SIEMPRE HA SIDO MUY TRABAJADORA, LE HA GUSTADO GANAR SU DINERO CON MUCHO TRABAJO, Y SER INDEPENDIENTE. GRACIAS A SU ESFUERZO HA CONSEGUIDO COMPRAR ALGUNAS COSAS PARA SU CASA, DAR EDUCACIÓN A SUS PEQUEÑOS HIJOS Y MANTENER SU HOGAR SOLA.
SU META MAS CERCANA ES TENER UN LOCAL PROPIO DONDE PUEDA OFRECER Y ATENDER A SUS CLIENTES CON MAS COMODIDAD Y SOBRETODO, PARA QUE SUS HIJOS NO TENGAN QUE ESTAR EN LA CALLE MIENTRAS ESTÁ TRABAJANDO, YA QUE PARA PODER TRABAJAR, DEBE LLEVÁRSELOS CON ELLA PARA PODER CUIDARLOS MIENTRAS TRABAJA.
EL PRÉSTAMO SOLICITADO, LO INVERTIRÁ EN INSUMOS PARA LA PREPARACIÓN DE SUS ANTICUCHOS.



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In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Amarilis Del Establo Group


Loan has been disbursed
 
Entrepreneur: Amarilis Del Establo Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Amarilis Del Establo Group, consisting of JACQUELINE LUZMINA ORTEGA ROJAS, BERNARDINO LEON ROQUE, OLGA LIDIA VARGAS TOLEDO, MARIA NERI RODRIGUEZ BUSTAMANTE, MARISABEL AIDA DAVALOS FUERTES, GUISELA GERARDA SOSA SOSA, DEYSI OLINDA ALAYO TOLEDO, AIDA LIZANDRA AMARO FUERTES, SIMEON VEGA QUIÑONES, JESSICA DAVALOS FUERTES by EDAPROSPO in Peru. We are excited to watch this business grow. Over the 3 months of this loan, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Oct 18, 2009
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Kiva Help Repayment Schedule for Amarilis Del Establo Group

  Expected Repayments Actual Repayments Comments
December 2009 $441.67 $331.25  
January 2010 $441.67 Available Jan 1  
February 2010 $441.66 Available Feb 1