Progresando Group


Status: Paying Back

$2,250.00   Loan Amount
0% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Progresando Group
Group Members: Aydey
Dora Nelida
Glide Justina
Betty Nerida
Zonia
Marisa
Maruja
Flor
Elena Alejandrina
Carmen Vianey
Faustina
Rosa Cecilia
Maria
Location: Huancavelica, Peru
Activity: Retail

About the Loan

Loan Amount: $2,250.00
Loan Use: El Bancomunal Progresando solicita un préstamo de 6,400 soles para que sus 13 socias inviertan en sus negocios
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 16, 2009
Date Disbursed: Sep 23, 2009
Date Funded:Nov 11, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8500 PEN = 1 USD



El Banco Comunal Progresando se encuentra en la comunidad de Caja, distrito de Caja, Provincia de Acobamba, Departamento de Huancavelica.
Esta comunidad se encuentra ubicada a 4 horas de la ciudad de Ayacucho, la cual se caracteriza por su agricultura y ganadería.

Una de sus socias es Faustina, es casada y tiene 04 hijos. Faustina se dedica a la venta de comida y abarrotes, ayudada por su esposo e hijos. Faustina solicita un préstamo para poder invertirlo en su negocio, comprando mercadería. Faustina, tiene como meta mejorar la calidad de vida de su familia, por ello se ha propuesto ahorrar.

Marisa es casada. Marisa tiene una pequeña tienda de abarrotes, donde vende productos de primera necesidad. Marisa comparte la administración de su negocio con su esposo e hijos. Marisa, requiere de un préstamo para la implementación de su negocio, así como para la compra de mercadería. Marisa, tiene por meta, que sus hijos sean profesionales.



About Group Loans
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 Progresando Group


Loan has been disbursed
 
Entrepreneur: Progresando Group
Location: Huancavelica, Peru

Thank you for your loan. It has been disbursed to Progresando Group, consisting of Aydey, Dora Nelida, Glide Justina, Betty Nerida, Zonia, Marisa, Maruja, Flor, Elena Alejandrina, Carmen Vianey, Faustina, Rosa Cecilia, Maria by FINCA Peru in Peru. We are excited to watch this business grow. Over the 6 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancavelica, Peru
Nov 12, 2009
Comments (1)

Kiva Help Repayment Schedule for Progresando Group

  Expected Repayments Actual Repayments Comments
January 2010 $374.99 Available Jan 1  
February 2010 $375.00 Available Feb 1  
March 2010 $375.03 Available Mar 1  
April 2010 $374.99 Available Apr 1  
May 2010 $375.00 Available May 1  
June 2010 $374.99 Available Jun 1