Ingrid


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: Purchase of Fertilizer
Repayment Term: 10 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Sep 24, 2009
Date Disbursed: Aug 26, 2009
Date Funded:Sep 24, 2009

About the Country

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



Ingrid is 31 years old and lives with her husband and son in the house she inherited from her parents. Since her childhood, she has been dedicated to working the land. Nowadays she plants potatoes, corn, and vegetables such as spinach on her farmland. She sells these products in the city to vegetable dealers but saves part for her own consumption. While Ingrid waits for harvest time, she uses the time to sell clothing to her neighbors and friends.

The experience of these years of work has taught Ingrid that she will always be able to obtain basic foods for her family through continuing and increasing her agricultural production. This is her first time getting a loan through MFP, which is why she is very excited at this new experience with a communal bank. The money that she asks for will be invested in the purchase of sacks of fertilizer for her next sowing season.

Translated from Spanish by Patrick Clarke, Kiva Volunteer


Ingrid tiene 31 años, vive con su esposo y su hijo en la casa que heredó de sus padres. Desde su niñez ha estado dedicada a las tareas del campo, actualmente siembra en sus tierras de cultivo papa, maíz y verduras como las espinacas. Estos productos los vende en la ciudad a comerciantes de verduras y otra parte la almacena para su consumo propio. Mientras Ingrid espera la época de cosecha aprovecha el tiempo para vender ropa a sus vecinos y amistades. La experiencia de estos años de trabajo, le ha enseñado a Ingrid que a través de la agricultura siempre ha podido obtener los alimentos básicos para el sustento de su familia, por lo que continuará e incrementará su producción.
Esta es la primera vez que tiene un préstamo con MFP, por lo que está muy entusiasmada con esta nueva experiencia en un banco comunal. El dinero que solicita lo invertirá en la compra de sacos de abono para su próxima campaña de siembra.

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Journal entries for Ingrid


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

Thank you for your loan. It has been disbursed to Ingrid 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 25, 2009
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Kiva Help Repayment Schedule for Ingrid

  Expected Repayments Actual Repayments Comments
June 2010 $350.00 Available Jun 1