Isabel


Status: Paying Back

$875.00   Loan Amount
18% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $875.00
Loan Use: To implement her kitchen
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 27, 2009
Date Disbursed: Sep 25, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9050 PEN = 1 USD



Isabel is 41-year-old woman, and her energy and happiness separate her from all the women in her neighborhood. She lives with her partner and children, for whom she works with the goal of improving her quality of life. Her business is preparing and selling sandwiches and pastries, which she makes in her house. She also receives orders from her clients, the majority of whom are her neighbors, friends and relatives. Her clients trust her for their social events, because she is known to be very gifted. What she likes most about her work is decorating the cakes, because this puts her creativity to the test. However, in the 7 years she has done this work, she considers it difficult to transport the orders to different places in the city, since she gets very tired from the distance she has to travel. In the future, Isabel hopes to implement a space in her house with materials and utensils necessary to increase her production, because at times she has to reject orders.

This is her first individual loan with Microfinanzas Prisma, but her earlier loans were with her community bank, where she has always worked punctually and where they hold her in great esteem. With the 2500 soles that she is requesting, she will buy necessary pastry ingredients and will implement her kitchen adequately to improve her production.

Translated from Spanish by Avni Shah, Kiva Volunteer


Isabel es una mujer de 41años, su buen ánimo y la alegría que irradia la distinguen dentro de todas las señoras de su barrio. Vive junto a su pareja y sus hijos, por quienes trabaja con el fin de mejorar su calidad de vida. Su negocio es la preparación y venta de bocadillos y pasteles, los cuales realiza en su casa y allí también recibe los pedidos de sus clientes, que en su mayoría son sus vecinos, amistades y parientes, quienes para cada evento social acuden confiadamente en ella, pues se caracteriza por ser muy cumplida. Lo que más le gusta a Isabel de su trabajo es la decoración de las tortas, pues pone a prueba su creatividad; sin embargo, en los 7 años trabajando de esta manera, considera que lo difícil es trasladar los pedidos a diversos lugares de la ciudad, pues es muy cansado debido a la distancia que tiene que recorrer. Para el futuro, Isabel espera implementar un espacio en su casa con materiales y utensilios necesarios para incrementar su producción, pues en ocasiones ha tenido que rechazar pedidos.
Este es el primer crédito individual que solicita con Microfinanzas PRISMA, pues los anteriores fueron con su banco comunal, donde siempre ha trabajando puntualmente y le tienen en gran estima. Con los dos mil quinientos soles solicitados comprará los ingredientes de pastelería necesarios e implementará su cocina adecuadamente para mejorar su producción.

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Journal entries for Isabel


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

Thank you for your loan. It has been disbursed to Isabel by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 4 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 28, 2009
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Kiva Help Repayment Schedule for Isabel

  Expected Repayments Actual Repayments Comments
December 2009 $164.44 $164.44 Repayment Received
January 2010 $168.32 Available Jan 1  
February 2010 $175.70 Available Feb 1  
March 2010 $179.90 Available Mar 1  
April 2010 $186.64 Available Apr 1