Coral


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Coral
Location: Huancayo, Peru
Activity: Agriculture

About the Loan

Loan Amount: $175.00
Loan Use: Purchase fertlizers
Repayment Term: 10 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Sep 26, 2009
Date Disbursed: Aug 26, 2009
Date Funded:Sep 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



Coral is 34 years old. She and her children live at her mother’s house. For the past 10 years, she has been devoted to growing potatoes and corn, as well as raising cattle. She sells her cattle every 3 months at the local livestock fair. The sale of her animals provides an income while she is waiting for the harvest season. In addition, she works as a saleswoman at a store in her area. She hopes to increase her sale of animals in the future and plant more crops.


This is Coral’s fourth loan with MFP. She renews her commitment to make her payments on time like she did before. The money she is requesting will be used to buy fertilizers and medicine for her animals.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Coral tiene 34 años, vive en la casa de su madre con sus hijos. Desde hace 10 años se dedica a la siembra de papa y maíz, así como también a la crianza de ganado vacuno, los cuales vende cada 3 meses en la feria ganadera de su zona. La venta de sus animales le proporciona el sustento mientras espera la época de cosecha. Adicionalmente, trabaja como vendedora en una tienda de su localidad. Su deseo a futuro es intensificar la venta de animales y sembrar más extensiones de terrenos.
Esta es la cuarta vez que solicita un préstamo con MFP y se compromete nuevamente a ser puntual en sus pagos como lo hizo en oportunidades anteriores. El dinero requerido será invertido en la compra de abono y medicinas para sus ovejas.

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Lenders to this entrepreneur

Oona
Oakland, CA
United States

Susan
Woodbury, MN
United States

darren
clayton sth, Victoria
Australia

Michael
Seacliff Park, South Australia
Australia

Anne
Amsterdam Zuidoost,
Netherlands

Vicky Lynn
Leesburg, VA
United States

Bjarte
Oslo, Oslo
Norway



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Journal entries for Coral


Loan has been disbursed
 
Entrepreneur: Coral
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Coral by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 8 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Sep 28, 2009
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Kiva Help Repayment Schedule for Coral

  Expected Repayments Actual Repayments Comments
June 2010 $175.00 Available Jun 1