Santusa


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: Santusa
Location: Cusco, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $350.00
Loan Use: To buy clothing to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 25, 2009
Date Disbursed: Oct 21, 2009
Date Funded:Oct 25, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8850 PEN = 1 USD



Our client is Santusa. She is part of a communal bank consisting of sixteen neighbors who live in Cusco. The group is called Santa Rosita de Lima, named after a virgin of Peru. She is a native of Apurimac but now lives in Cusco. She is 56 years old and is married with two children and two grandchildren.

She buys and sells clothing in Tres Cruces, Paucartambo. She sells approximately 80 soles worth of goods per day, which is approximately $28. With this loan, she will buy more clothing from wholesale vendors in the area.

Santusa appreciates and thanks you for the loan and promises to pay the monthly payments on time.


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Journal entries for Santusa


Loan has been disbursed
 
Entrepreneur: Santusa
Location: Cusco, Peru

Thank you for your loan. It has been disbursed to Santusa by Asociación Arariwa in Peru. We are excited to watch this business grow. Over the 3 months of this loan, Asociación Arariwa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cusco, Peru
Oct 26, 2009
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Kiva Help Repayment Schedule for Santusa

  Expected Repayments Actual Repayments Comments
January 2010 $82.42 Available Jan 1  
February 2010 $85.72 Available Feb 1  
March 2010 $89.15 Available Mar 1  
April 2010 $92.71 Available Apr 1