Emanuel Ii Group


Status: Paying Back

$3,275.00   Loan Amount
25% repaid

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Emanuel Ii Group
Group Members: MARIA ZAPATA RAMIREZ
ANGELICA ANDIA FLORES
LUZ ANGELICA RUIZ BERNAL
ESTELA AVALOS DIAZ
ROBERTO MARAVI AVALOS
MARIA ALFARO CARDENAS
JESSICA CABALLERO LINARES
CARLOS ENRIQUE LUIS BERNAL
DAVIS CHANTA MEDINA
JEANETH TOLENTINO CRISOSTOMO (not pictured)
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $3,275.00
Loan Use: Buy a "mototaxi"
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 7, 2009
Date Disbursed: Sep 23, 2009
Date Funded:Oct 27, 2009

About the Country

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



Estela Avalos Diaz, who we see seated in the photo, is 48 and has five children. Three are adults, and two are minors she is still raising.

She is a member of the Emanuel II Group, which is comprised of ten very enterprising people. Estela is very enthusiastic, happy, jovial, and, above all, hard-working. She is a “jack-of-all-trades” because she sells all types of handicrafts.

She sells door to door to her friends and acquaintances. Her products are woven articles. This work has allowed her to travel to take her products to the provinces. It has been ten years since she started in this business after studying handicrafts, weavings, and other courses.

She really likes her work because it allows her to have an income, it relaxes her, she gets to know people, and, above all, it helps her husband with the household expenses. With her work she has obtained economic stability, she lives more peacefully, and she can meet the needs and wants of her children.

She would really like to rent an ample location where she can sell her products. The money she is asking for is to buy, with help from her husband, a “mototaxi” (three wheeled motorized cart) so that she can have another type of business.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


ESTELA AVALOS DIAZ, A QUIEN VEMOS SENTADA EN LA FOTOGRAFÍA, TIENE 48 AÑOS DE EDAD, TIENE 5 HIJOS, 3 ADULTOS, INDPEPENDIENTES Y 2 MENORES DE EDAD QUE AÚN ESTAN A SU CARGO. ELLA ES SOCIA DEL GRUPO “EMANUEL II”, INTEGRADO POR 10 PERSONAS MUY EMPRENDEDORAS.

LA SRA. ESTELA, ES MUY ENTUSIASTA, ALEGRE, JOVIAL Y SOBRETODO MUY TRABAJADORA. Y COMO ELLA MISMA MANIFIESTA ES MIL OFICIOS, PORQUE VENDE TODO TIPO DE MANUALIDADES. ELLA SE DEDICA A LA VENTA DE ARTESANÍA, OFRECIENDO A DOMICILIO A SUS AMIGOS Y CONOCIDOS SUS PRODUCTOS SOBRETODO ARTICULOS EN TEJIDO. ÉSTE TRABAJO LE HA PERMITIDO VIAJAR, Y HACER LLEGAR SUS PRODUCTOS A PROVINCIAS.

HACE 1O AÑOS, INICIÓ EN ÉSTE NEGOCIO, LUEGO DE HABER ESTUDIADO, MANUALIDADES, TEJIDOS Y OTROS CURSOS MAS.

LE GUSTA MUCHO SU TRABAJO, PORQUE LE PERMITE TENER UN INGRESO ECONÓMICO, LA RELAJA, CONOCE GENTE Y SOBRETODO PORQUE PUEDE APOYAR ECONÓMICAMENTE A SU ESPOSO EN LOS GASTOS DEL HOGAR.

CON SU TRABAJO, HA CONSEGUIDO TENER UNA ESTABILIDAD ECONÓMICA, VIVIR CON TRANQUILIDAD, SATISFACER GUSTOS Y NECESIDADES DE SUS HIJOS.

LE GUSTARÍA MUCHO, ALQUILAR UN LOCAL AMPLIO, DONDE PUEDA OFRECER SUS PRODUCTOS.

EL DINERO SOLICITADO LO INVERTIRÁ CON EL APOYO DE SU PAREJA, EN LA COMPRA DE UN MOTOTAXI, Y ASI TENER OTRO TIPO DE NEGOCIO.



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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 Emanuel Ii Group


Loan has been disbursed
 
Entrepreneur: Emanuel Ii Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Emanuel Ii Group, consisting of MARIA ZAPATA RAMIREZ, ANGELICA ANDIA FLORES, LUZ ANGELICA RUIZ BERNAL, ESTELA AVALOS DIAZ, ROBERTO MARAVI AVALOS, MARIA ALFARO CARDENAS, JESSICA CABALLERO LINARES, CARLOS ENRIQUE LUIS BERNAL, DAVIS CHANTA MEDINA, JEANETH TOLENTINO CRISOSTOMO 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 28, 2009
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Kiva Help Repayment Schedule for Emanuel Ii Group

  Expected Repayments Actual Repayments Comments
December 2009 $818.75 $818.75 Repayment Received
January 2010 $818.75 Available Jan 1  
February 2010 $818.75 Available Feb 1  
March 2010 $818.75 Available Mar 1