Maria


Status: Paying Back

$1,050.00   Loan Amount
16% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Maria
Location: Lima, Peru
Activity: Tailoring

About the Loan

Loan Amount: $1,050.00
Loan Use: Building of a textile workshop
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 24, 2009
Date Disbursed: Aug 27, 2009
Date Funded:Sep 25, 2009

About the Country

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



Maria is 36 years old and a sweet mother dedicated to the well-being of her loved ones with whom she lives in her own house, which is still under construction. She carries out her business as a seamstress in a factory in the center of the capitol. Her job is to complete finished clothing items and for her good performance and dedication they have increased her salora and she was able to acquire a sewing machine with which she works from her house every weekend, creating clothes that her clients, including the majority of her neighbors, request. What she likes the most about her work is that people value her finished clothes and designs that she creates, and this is why she has worked in this capacity for 15 years. She considers working under the pressure of the changes in weather the most difficult aspect of her job and when she works doubly hard to increase her production. Her future plans are to create her own workshop and work in her house together with her family.

This is María's sixth loan with Microfinanzas PRISMA, where she has worked punctually in her payments and been able to win the affection of the other entrepreneurs in her group who hold her in high esteem. María is requesting a loan of $1050, which will help her to continue to build her dressmaking workshop.

Translated from Spanish by Amy Schapiro, Kiva Volunteer


María tiene 36 años, es una dulce madre de familia dedicada al bienestar de sus seres queridos con quienes vive en su casa propia, la cual está todavía esta en etapa de construcción. Su servicio como costurera lo realiza en una fábrica ubicada en el centro de la capital. Su trabajo consiste en realizar los acabados de las prendas de vestir y por se buen desempeño y dedicación no sólo le aumentaron su sueldo, sino también logró adquirir una máquina de coser con la cual trabaja dentro en su casa todos los fines de semana, confeccionando algunas prendas que solicitan sus clientes, siendo la mayoría sus vecinos. Lo que más le gusta de su trabajo es que las personas valoran los acabados y diseños que realiza, es así que desde hace 15 años trabaja en esta actividad y considera que lo más difícil es trabajar bajo la presión debido a los cambios de temporada, cuando se trabaja el doble de lo acostumbrado para aumentar la producción. Sus planes a futuro son implementar su propio taller y trabajar en su casa junto a su familia.
Este es su sexto crédito con Microfinanzas PRISMA, donde ha venido trabajando con puntualidad en sus pagos y ha sabido ganarse el cariño de sus compañeras de grupo, quienes le tienen gran estima. María solicita un crédito de tres mil soles que le ayudará a seguir implementando su pequeño taller de costura.

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Journal entries for Maria


Loan has been disbursed
 
Entrepreneur: Maria
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Maria by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 9 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lima, Peru
Sep 26, 2009
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Kiva Help Repayment Schedule for Maria

  Expected Repayments Actual Repayments Comments
November 2009 $85.74 $85.74 Repayment Received
December 2009 $89.60 $89.60 Repayment Received
January 2010 $92.30 Available Jan 1  
February 2010 $97.79 Available Feb 1  
March 2010 $101.14 Available Mar 1  
April 2010 $105.84 Available Apr 1  
May 2010 $112.96 Available May 1  
June 2010 $116.03 Available Jun 1  
July 2010 $121.81 Available Jul 1  
August 2010 $126.79 Available Aug 1